Latest Exploration Licenses News

Avecho Biotechnology has exceeded its Phase III CBD insomnia trial recruitment target by 16%, setting the stage for a more robust interim analysis scheduled for June 2026. The company’s commercial partnership with Sandoz AG and strengthened patent portfolio underpin its Australian market strategy.

Cobalt Blue Holdings and Glomar Minerals have teamed up to develop a pioneering polymetallic nodule processing facility in the US, aiming to secure critical minerals for advanced manufacturing and defence sectors.

Terra Critical Minerals has expanded its footprint in New South Wales with a new exploration license at the historic Silent Grove tin project, revealing significant historical tin mineralisation up to 5.21%. The company plans modern exploration to unlock this critical mineral’s potential amid rising global demand.

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.