Latest Exploration Permitting News

Latitude 66 has locked in exploration permits for its high-grade KSB gold-cobalt project in Finland following a key legislative amendment, while its Laverton drilling campaign in Western Australia continues to reveal promising gold mineralisation with potential for resource growth.

H3 Energy confirms promising gas flow potential at Warro and appoints LAB Energy to secure partners for Alinya, while facing a critical cash crunch.

Central Petroleum lifted March quarter sales revenue to $11.3 million, driven by higher gas volumes and prices, while securing a significant multi-year gas supply deal with the Northern Territory Government that supports a 40% production capacity increase at Palm Valley.

Key Petroleum’s shares more than doubled in April with no new material information to explain the jump, as the company awaits delayed government approval for a key project.

Australasian Metals continues to build on its Queensland gold assets with a new exploration permit application and ongoing drill planning at May Queen, while holding a solid cash reserve of $2.46 million and progressing lithium project discussions.

Equatorial Resources has completed its final arbitration submissions against the Republic of Congo with a final ICSID award expected in the first half of 2027. Meanwhile, the company continues to seek clarity on the status of its iron ore exploration permits in Guinea amid ongoing regulatory uncertainty.

Macro Metals’ subsidiary Macro Mining Services has landed an exclusive 36-month mining services contract with Metal Logic, supporting the rollout of innovative modular smelting technology in the East Pilbara. The first work package at Poondano Mine is set to start mid-2026, promising regional economic and Indigenous engagement benefits.

Canadian Phosphate is accelerating its mine-to-market phosphate strategy in North America, driven by geopolitical tensions that spotlight vulnerabilities in global fertilizer supply chains. The company progresses drilling preparations, bulk sampling, and feasibility studies for a Single Super Phosphate plant while maintaining a solid cash position.

DeSoto Resources has reported strong gold assay results from artisanal workings at its Timbakouna Project and extensive soil sampling across multiple permits in Guinea’s prolific Siguiri Basin, underpinning plans for follow-up drilling and geophysical surveys.

Renegade Exploration has divested its 22% interest in the Carpentaria Joint Venture to True North Copper for $2.88 million, opting for a mix of cash, shares, and performance rights to maintain exposure to the project’s upside while refocusing on North American assets.

Many Peaks Minerals has completed more than 10,150m of drilling in the March quarter, delivering strong gold intercepts at its Ferké Gold Project in Côte d’Ivoire that underpin an upcoming maiden resource estimate and pre-feasibility study.

Clara Resources has compiled a comprehensive digital geochemistry database from 1980s exploration data, revealing a large-scale gold system at its Mareeba Gold Project in Queensland and setting the stage for maiden drilling in H2 2026.