Latest Exploration Permits News

EQ Resources Limited showcased its strategic position as a leading tungsten producer with strong growth ambitions amid a tightening global supply deficit. The company’s dual operations in Australia and Spain underpin its role in securing ethical tungsten supply chains for Western markets.

3D Energi Limited has received a formal buy-out notice from ConocoPhillips to acquire its 20% interest in the VIC/P79 exploration permit, marking a critical juncture in the Otway Phase 1 project.

Turaco Gold has expanded its Afema Project mineral resource to 4.65 million ounces of gold, marking a significant increase ahead of its Preliminary Feasibility Study due in Q2 2026. This growth is underpinned by successful drilling campaigns and the maiden resource declaration for the Herman Deposit.

Macallum New Energy has begun a pioneering six-week 3D seismic survey using low-impact GeoPulse technology in Western Australia’s North Perth Basin, aiming to unlock promising natural gas prospects.

DeSoto Resources has significantly increased its exploration ground in Guinea by acquiring three new projects along the prolific Siguiri Gold Mineralisation Trend, positioning itself for district-scale gold discoveries.

Emperor Energy has won a crucial 24-month extension on its Vic/P47 exploration permit, securing tenure for the Judith Gas Field offshore Victoria and allowing more time to complete environmental approvals and funding arrangements.

Maronan Metals has been granted a Mineral Development Licence for its Maronan Silver Project, marking a pivotal step toward mine readiness and enabling underground resource expansion.

Megado Minerals has secured a five-year option to acquire an 80% stake in the Alpartir Silver-Copper-Antimony Project in Spain, tapping into a historically rich and high-grade vein system with significant exploration potential.

Australasian Metals has lodged a new exploration permit application near its Mt Clermont and Capella projects, targeting multiple promising gold prospects in Central Queensland. The move builds on its existing inferred gold resources and aims to capitalise on strong gold market conditions.

Many Peaks Limited has expanded the gold mineralisation strike at its Ferké Gold Project in Côte d’Ivoire to more than 1.1 kilometres, supported by strong assay results from recent drilling campaigns. This advancement highlights the potential for a significant increase in resource volume and open-pit reserve conversion at the Ouarigue prospect.

Eastern Gas Corporation Limited is set to raise $5.5 million through an IPO to fund drilling and flow testing at its Queensland gas exploration permits, aiming to prove commercial viability in the Surat and Cooper Basins.

BPH Energy and Bounty Oil & Gas have concluded their Federal Court hearing challenging the refusal to extend the PEP 11 permit, with the court's decision now pending.