Latest Exploration Permitting News

Turaco Gold has exercised an option to acquire 100% of a new exploration permit adjacent to its Afema Project in Côte d’Ivoire, increasing its landholding by 30% and setting the stage for fresh exploration activities.

Critical Resources Limited has validated a high-grade tungsten system at its Granite Creek target in New Zealand, with channel sampling returning 16.63% WO₃ true width. The results underpin a clear path to drilling amid tightening global tungsten supply.

Triangle Energy (ASX:TEG) has regained 100% ownership of the L7 Production Licence and EP 437 Exploration Permit in the Perth Basin after joint venture partners Echelon and Strike withdrew and transferred their interests back. Legal proceedings against these partners for failing farm-in obligations continue.

Infinity Metals has secured a two-year exclusive option to acquire 100% of the high-grade Swansea copper mine in Arizona and raised A$2.25 million via a discounted placement to fund exploration and acquisition costs.

Somerset Minerals has identified extensive copper mineralisation zones at its Coppermine Project in Nunavut, Canada, with a 17km Talisker anomaly near the Danvers deposit and high-grade assays extending Jura North's mineralised system. A maiden Talisker drilling campaign is set for July 2026.

The ASX has suspended trading of Canadian Phosphate Limited’s CP8O securities pending compliance with specific listing rules, a move that isolates this security class without affecting the company’s other quoted shares.

Nordic Resources has punched a new high-grade gold assay record at its Kopsa project in Finland, confirming a significant northern extension to the deposit. Early 2026 drilling reveals grades far surpassing previous intersections, setting the stage for a resource update later this year.

BPH Energy and Bounty Oil & Gas await a Federal Court judgement on their challenge against the refusal to extend the PEP-11 offshore permit. The decision, reserved since February, will be handed down mid-June, potentially shaping the companies' exploration prospects.

Lion Rock Minerals has reported robust drilling results from its expansive Minta Project in Cameroon, reinforcing its ambition to become a major global producer of rutile and monazite. The company targets a maiden Mineral Resource Estimate later this year amid promising assay outcomes from key tenements.

EQ Resources Ltd has agreed to acquire six exploration permits near its Mt Carbine tungsten mine for A$250,000, aiming to expand its regional resource pipeline and support a hub-and-spoke processing model.

Magnum Mining has significantly increased its exploration footprint around the Piracanjuba rare earth clay discovery in Brazil, securing 14 new permits and advancing a major drilling campaign targeting a large-scale deposit.

Megado Minerals is poised to kick off its maiden drilling campaign at the Iberian Copper Project in northern Spain, targeting historic copper oxide deposits and exploring for deeper sulphide mineralisation with new geophysical surveys underway.