Latest Exploration Licenses News

Lode Resources has reported outstanding high-grade silver and antimony mineralisation at its newly acquired Silver Hills Project in Tasmania, signalling a promising expansion of its critical minerals portfolio.

Rumble Resources has reported impressive high-grade gold and tungsten drill results at its Western Queen project, underpinning plans for resource upgrades and a feasibility study.

Triangle Energy has embarked on a joint study agreement to explore an offshore area in Indonesia, aiming to secure priority rights for a future production sharing contract. The six to eight-month study signals the company’s strategic push into under-explored regions with promising oil and gas potential.

Chariot Resources has secured Nigerian government approval for the transfer of six lithium licenses, marking a key step toward acquiring a majority stake in a promising Nigerian lithium portfolio. This regulatory milestone enables immediate exploration and mining activities at multiple projects amid soaring lithium prices.

Botanix Pharmaceuticals reports a surge in Sofdra sales driving revenue to $16.5 million, yet the company records a $33.2 million loss amid expanded marketing and operational costs. A $45 million capital raise aims to support growth and supply chain improvements.

Cynata Therapeutics reported a reduced half-year loss alongside progress in pivotal clinical trials, extending its cash runway into mid-2026. Investors await critical data from Phase 3 and Phase 2 studies expected in the coming months.

McLaren Minerals has kicked off a major drilling campaign at its McLaren Titanium Project aiming to upgrade resource classifications and expand its substantial 529 million tonne resource base. The program is a critical step toward advancing the project’s development and future feasibility studies.

Rumble Resources has completed its full acquisition of the Thunderstorm Gold Project in Western Australia, consolidating control over promising high-grade gold prospects at Gazelle and Pion. A major drilling campaign is set to follow after heritage clearances in early 2026.

First Lithium Limited is progressing towards critical milestones with pending license renewals in Mali expected soon and a maiden Mineral Resource Estimate on the horizon, supported by recent funding injections.

Australian Rare Earths Limited (ASX – AR3) has made significant strides in advancing its Koppamurra Rare Earths Project, securing pilot-scale processing at ANSTO’s new facility and raising $6 million post-quarter to fund development. Concurrently, promising uranium targets have been identified at its Overland Project.

Cassius Mining Limited is progressing joint venture discussions for its high-purity Soalara Limestone Project in Madagascar while pursuing a significant international arbitration claim against Ghana. The company also raised $1.16 million in a recent share placement, bolstering its cash position.

Avenira Limited has made significant strides in developing its Wonarah Phosphate Project, bolstered by strategic operational appointments and advancing infrastructure plans. Meanwhile, exploration at the Jundee South Gold Project is set to commence in 2026 amid ongoing regulatory challenges.