Latest Exploration Licenses News

APC Minerals Limited has reported promising results from a 2,628-metre RC drilling program at its Laverton Downs Gold Project, confirming a significant gold mineralisation trend along the Lancefield Gold Trend. The company plans further drilling to explore untested strike extensions and depth potential.

Australian Rare Earths Limited (ASX, AR3) has acquired exploration license EL6895, adding 972 km² to its Overland Uranium Project and uncovering significant near-surface uranium potential from historic data. Drilling is set to resume in July 2025 to test this promising new target alongside existing deeper uranium prospects.

Tivan Limited has visually confirmed copper mineralisation at two sites within its Turiscai Project in Timor-Leste, setting the stage for assay results later this year and resource drilling in 2026.

Zeus Resources has completed the acquisition of the Casablanca Antimony Project in Morocco, unlocking access to exceptionally high-grade antimony mineralisation and positioning itself in a mining-friendly jurisdiction.

Australian Mines Limited has secured earn-in rights to the advanced Boa Vista Gold Project in Brazil’s prolific Tapajós Gold Province, aiming to earn up to an 80% stake through staged exploration and development milestones. The company also announced a $2.5 million capital raising to fund upcoming exploration activities.

C29 Metals has exited its Kazakhstan operations to focus on advancing its Mayfield Copper & Gold Project in Queensland, securing a three-year exploration license extension and confirming strong geological potential.

Magmatic Resources has completed the first stage of acquiring the Weebo Gold Project in Western Australia, securing key exploration licenses and gearing up for immediate drilling programs.

Barton Gold Holdings has entered binding terms to acquire the Wudinna Gold Project in South Australia, adding 279,000 ounces of gold resources to its portfolio. The $15 million transaction, largely settled in shares and milestone payments, awaits Cobra Resources shareholder approval.

Burley Minerals reports encouraging assay results from its maiden drilling at the Cane Bore South Target, confirming surface and near-surface iron mineralisation with high-grade intercepts. The company plans further exploration at larger adjoining targets in the Pilbara region.

First Au Limited has cleared key legal and operational hurdles in its 100% earn-in acquisition of the Nimba Gold Project in Liberia, setting the stage for initial drilling ahead of its July AGM.

LinQ Minerals Limited has filed a Replacement Prospectus for its IPO to raise up to $10 million, anchored by its 100%-owned Gilmore Project in NSW with a substantial 2024 Mineral Resource Estimate. The company aims to advance exploration and development of this significant gold-copper asset in a tier-1 jurisdiction.

Augustus Minerals has secured a key position in the Mt Kare Gold Project by acquiring ACM Contract Mining PNG Ltd, positioning itself second-in-line for the exploration license in Papua New Guinea.