Latest Exploration Licenses News

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Augustus Minerals has executed a binding agreement to acquire a company holding a contested third in line licence application for the Mt Kare Gold Project in Papua New Guinea, a site with a historic resource of over 2 million ounces of gold. The acquisition positions Augustus to actively pursue tenure in a competitive and complex licensing environment.
Maxwell Dee
Maxwell Dee
9 May 2025
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.
Maxwell Dee
Maxwell Dee
7 May 2025
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.
Maxwell Dee
Maxwell Dee
1 May 2025
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.
Maxwell Dee
Maxwell Dee
1 May 2025
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.
Maxwell Dee
Maxwell Dee
30 Apr 2025
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.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Chariot Corporation has bolstered its exploration portfolio with seven new lithium and gold tenement applications in Western Australia’s Southern Cross Greenstone Belt, alongside securing $600,000 through a convertible note facility and extending payment terms on its flagship Black Mountain project.
Maxwell Dee
Maxwell Dee
30 Apr 2025
FBR Limited wraps up its US Demonstration Program, secures $6.3 million in capital, and appoints Mark Pivac as CEO amid a 70% cost reduction drive. Strategic collaborations with Samsung Heavy Industries and Liebherr signal broader automation ambitions.
Sophie Babbage
Sophie Babbage
30 Apr 2025
Enova Mining reports significant high-grade titanium discoveries at its CODA North and Central projects in Brazil, supported by a $1.5 million placement to accelerate exploration and development.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Winchester Energy has signed a non-binding term sheet with Jaguar Exploration to jointly pursue offshore exploration rights in Peru, while maintaining steady production and implementing cost reductions in its Texas operations.
Maxwell Dee
Maxwell Dee
30 Apr 2025
ENRG Elements Limited has completed a strategic overhaul with new management, significant cost reductions, and a renewed focus on its Agadez Uranium Project, while exiting several lithium assets.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Cassius Mining Limited reports significant progress on its Soalara Limestone Project in Madagascar, alongside ongoing international arbitration against Ghana seeking USD 277 million in damages. The company also strengthens its balance sheet with recent equity raises totaling approximately AUD 1.53 million.
Maxwell Dee
Maxwell Dee
30 Apr 2025