Latest Exploration Permits News

Latitude 66 secures key exploration permits for its high-grade KSB gold-cobalt project in Finland and reports strong assay results from Laverton drilling in Western Australia, setting the stage for resource growth and development studies.

Anax Metals has secured $16 million through placements to fund exploration and development at its Whim Creek Project, with diamond drilling commenced and FEED launched ahead of a targeted Final Investment Decision in Q4 2026.

Turaco Gold’s Pre-Feasibility Study for the Afema Project in Côte d’Ivoire outlines a robust gold development producing around 200,000 ounces annually over a decade, backed by a maiden 1.91Moz Ore Reserve and a US$2.1 billion post-tax NPV.

Metals Australia has reported maiden ore reserves and strong economic studies for its Lac Carheil Graphite Project in Quebec, with a combined after-tax NPV of AUD 2.56 billion, positioning the company for a strategic revaluation as it advances feasibility studies.

Berkeley Energia has reported a maiden inferred lithium and rubidium resource at its Conchas Project in Spain, alongside appointing former Endesa CEO José Bogas Gálvez to its board, while continuing a US$1.25 billion arbitration against Spain over its Salamanca uranium project.

Iltani Resources has made significant progress in its June 2026 quarter, advancing its flagship Orient Silver-Indium Project with high-grade assay results and securing priority status on three new tenement applications.

D3 Energy has expanded its helium resource base significantly in South Africa, certifying a maiden contingent resource at ER386 that boosts combined helium resources by 65%. The company also certified its first Australian prospective resource and started drilling at Nooitgedacht in ER315.

Canadian Phosphate has secured a five-year exploration permit for its Wapiti Phosphate Project and commenced a 3,000m drilling campaign, while progressing the pending acquisition of the Diamond Mountain Project in Utah. A $5.2 million capital raise positions the company to accelerate its North American phosphate ambitions.

EQ Resources delivered a breakout quarter with A$79 million revenue and A$22.5 million operating cash flow, driven by a 176% production surge at Mt Carbine and soaring tungsten prices. The company greenlit a major expansion to double crushing capacity, targeting commissioning in Q3 FY2027.

Carnarvon Energy has contracted the Transocean Equinox rig for a multi-well drilling campaign in the Bedout Sub-basin starting April 2027, following a 92% increase in prospective resources from its seismic MegaMerge project. The company maintains a robust cash position of A$98 million with no debt, underpinning its exploration and development ambitions.

Canadian Phosphate (ASX: CP8) has kicked off a 3,000-metre drilling campaign at its Wapiti Phosphate Project in British Columbia, aiming for a Mineral Resource Estimate by late 2026 that will support both traditional fertilizer and advanced battery material markets.

Minerals Exploration Limited has completed its first phase of diamond drilling at the historic Jubilee Gold Mine within the Waitekauri Gold Project, confirming multiple quartz-mineralised zones and exceptional high-grade rock chip assays. Exploration continues with promising results at the Invincible Gold and Glenorchy Tungsten projects.