Latest Exploration Permits News

Rey Resources Limited reported a cautious quarterly cash flow with $276,000 in cash and ongoing strategic moves in its oil and gas exploration portfolio, including the surrender of EP458 and preparations for a key 3D seismic survey on EP487.

ASF Group Limited reported a $1.58 million cash balance for the December 2024 quarter, highlighting ongoing investments and a director retirement that could influence its strategic direction.

Charger Metals NL reports significant progress in its lithium exploration projects at Lake Johnston and Bynoe, backed by Rio Tinto's funding and a recent $0.77 million capital raise. Upcoming assay results and drilling programs could shape the company’s growth trajectory.

Triangle Energy reports a solid cash position of $10.89 million as it prepares to drill the Becos-1 exploration well in early 2025, while managing ongoing transitions at the Cliff Head Oil Field and pursuing new ventures in the Philippines and UK.

Mineral Resources Limited reports steady progress in Q2 FY25, maintaining full-year guidance while advancing Onslow Iron towards full capacity and securing significant liquidity through strategic asset sales.

Revolver Resources has locked in A$500,000 through a 1% gross revenue royalty agreement on its Dianne Copper Mine Project, providing crucial non-dilutive funding as it advances toward production.

ADX Energy reported steady production with 218 BOEPD and A$2.3 million revenue in Q4 2024, while progressing exploration in Austria and securing a new gas permit offshore Italy.

Lykos Metals Limited narrows its Sockovac project tenement while securing an extended exploration permit for Jezero, positioning itself for focused growth in Bosnia and Herzegovina.

MEC Resources has successfully completed a $2.65 million entitlement offer and resumed trading on the ASX after nearly five years of suspension. The company is now focused on advancing its energy investments, including navigating ongoing legal issues with its Advent Energy joint venture.

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.

Carnarvon Energy reports a robust cash balance of A$187 million amid delays in the Dorado project development following Santos' decision to pause FPSO acquisition. The renewal of Bedout Basin exploration permits offers a pathway to future drilling in 2026.

ENRG Elements Limited has renewed key uranium exploration permits in Niger and reported outstanding trenching assay results, while securing $2.2 million in new funding to advance its projects.