Latest Exploration Licenses News

Constellation Resources Limited is raising approximately $2.52 million through a non-renounceable entitlement offer priced at $0.12 per share, aiming to fund exploration projects in Western Australia and support general working capital.

Adavale Resources has reported a standout 22.2g/t gold assay from rock chip sampling at its newly defined Parkvale South prospect within the Parkes Project in NSW, highlighting a promising exploration advance ahead of planned drilling.

Kingston Resources has agreed to sell its Misima Gold-Silver Project for $95 million, bolstering its balance sheet to accelerate growth at the Mineral Hill gold-copper operation. The transaction positions Kingston to expand production and exploration in the southern Cobar Basin.

Breakthrough Minerals has resolved a critical regulatory issue allowing the Errolls Gold Project acquisition to proceed, with drilling set to begin next quarter targeting high-grade gold extensions.

Kingston Resources has agreed to sell its Misima Gold Project to Ok Tedi Mining for $95 million, strengthening its balance sheet and enabling a strategic pivot towards expanding its Mineral Hill copper and gold operations.

Tolu Minerals has secured a key exploration license in Papua New Guinea, revealing five fresh copper-gold targets from advanced airborne geophysics, while appointing renowned porphyry expert Doug Kirwin to its advisory board.

Estrella Resources has upgraded four reconnaissance permits to exploration licenses in Timor-Leste, significantly enlarging its landholding and enabling advanced exploration activities targeting manganese and limestone deposits.

Terra Metals has exercised its option to acquire HRM Exploration, significantly expanding its Dante Project tenure in Western Australia’s West Musgrave region. The all-scrip deal positions Terra to accelerate exploration in a mineral-rich province analogous to South Africa’s Bushveld.

Legacy Minerals has reported compelling new assay results from historic diamond drilling at its Drake Project in NSW, confirming broad, high-grade gold and base metal mineralisation that supports resource growth and robust economics.

Buxton Resources has won up to A$180,000 in government co-funding to kickstart drilling at its 100%-owned Madman Project in Western Australia, advancing exploration in a promising but underexplored gold-copper region.

Anax Metals reports strong progress at its Whim Creek Copper-Zinc Project, confirming high copper and zinc recoveries via scaled-up bioleaching tests and advancing negotiations with multiple strategic partners. A new tenement application near a major gold deposit further expands its Pilbara footprint.

High Peak Royalties reported steady royalty income for Q1 2025, completed a significant geothermal asset sale to Northstar Energy, and achieved a debt-free balance sheet following full repayment of its Macquarie facility.