Latest Exploration Licenses News

Quantum Graphite has lodged its final US$300 million financing application with the US EXIM Bank for Project Utile, alongside securing a new exploration license EL7019 in South Australia. The company is poised to release updated JORC 2012 exploration targets soon, underpinning its growth strategy.

Sarytogan Graphite Limited has secured a key mining license and demonstrated promising product applications, supported by a significant investment from the European Bank for Reconstruction and Development. The company is progressing towards customer qualification and offtake agreements while expanding exploration efforts.

Bubalus Resources has secured critical exploration licenses and permits across multiple projects, positioning itself for a pivotal drilling campaign in Victoria and rare earth exploration in the Northern Territory and Western Australia.

Peako Limited reports compelling exploration results from its East Kimberley projects alongside the granting of new lithium-focused tenements and a successful $1.8 million capital raise.

Enegex has reported steady progress in its West Yilgarn gold and copper exploration, highlighted by a new exploration license application and imminent aircore drilling at the Rocky Ridge prospect. The company maintains a solid cash position as it prepares for an active 2025 field season.

ADX Energy has accepted the award of a significant gas exploration permit offshore Italy’s Sicily Channel, positioning itself to tap into a highly prospective area with proven gas presence and favorable fiscal terms.

Anax Metals has applied for a significant new exploration license in Western Australia's Pilbara region, broadening its footprint near De Grey Mining's Toweranna gold deposit and enhancing its prospects in gold and base metals.

Basin Energy has completed its acquisition of a promising uranium and green energy metals portfolio in Scandinavia, marking a significant expansion into a historically overlooked region. The move positions the company to leverage emerging opportunities in the Nordic green energy sector.

Orbminco's maiden drilling at the Bronze Fox Project in Southern Mongolia reveals significant copper and gold intersections, confirming the potential for resource expansion and higher grades at the West Kasulu deposit.