Latest Exploration Permitting News

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.

Celsius Resources has raised A$9.3 million through a well-supported institutional placement, strengthening its balance sheet to advance the financing and early development of its flagship MCB copper-gold project in the Philippines.

3D Energi Limited remains suspended from ASX trading after failing to provide a crucial update on its funding status and exploration permit implications, prolonging market uncertainty.

Evion Group has secured formal notice from Madagascar’s Mines Ministry that its Maniry Graphite Project permits have passed technical assessment and are set for expedited approval, marking a key step towards production.