Latest Exploration Permits News

Minerals Exploration Limited has reported rock chip assays with gold grades up to 37.4 g/t and tungsten up to 2.63% at its Glenorchy Tungsten Project in Otago, New Zealand. The company plans a maiden drilling program in late 2026, pending regulatory approvals.

Right Resources has upgraded Rising Sun and Midnight Star to high-priority drill-ready gold-copper targets after revisiting three decades of historic data at its New England Project in NSW.

Yari Resources (ASX: YAR) is set to double its Bowen Basin coal resource to over 500 million tonnes through a binding conditional acquisition of the Arcadia Coal Project, backed by a $2.2 million placement.

AIC Mines has reported promising drilling results at its Iris and Eloise South prospects near the Eloise copper mine, confirming extensive copper mineralisation and a spectacular high-grade gold intercept.

Bindi Metals has signed a binding agreement to divest its Biloela copper-gold project in Queensland to Jacaranda Natural Resources, retaining a 2% royalty and milestone-based equity. The sale will free up resources to focus on its Ravni Gold Project in Serbia, pending shareholder approval.

Yari Resources is set to double its coal resources in Queensland’s Bowen Basin through the acquisition of the Arcadia Coal Project, complementing its Rolleston South asset and advancing a district-scale consolidation strategy.

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.