Latest Exploration Permitting News

Eastern Gas Corporation Limited, a Pure One subsidiary, has lodged a prospectus to raise $5.5 million to advance exploration and development of its Queensland gas assets, aiming for a standalone ASX listing.

Critical Resources Limited has completed the acquisition of the Cap Burn Gold Project in New Zealand, securing key permits and land access to launch its inaugural drilling program in a highly prospective gold region.

Enegex Limited has launched power auger drilling and trenching programs on its key permits in Côte d’Ivoire, following promising gold-in-soil anomalies and historical data. Four permit applications have also been approved, setting the stage for aircore drilling in early 2026.

MEC Resources Ltd has announced a placement of over 359 million new options to raise approximately $359,000, with directors participating to offset fees. The offer comes as the company navigates ongoing legal challenges related to its key PEP-11 permit.

Basin Energy has expanded its Sybella-Barkly rare earth elements and uranium project by securing an additional 183 km² exploration permit, increasing its landholding to 6,140 km². Ongoing drilling targets sediment-hosted and clay-hosted mineralisation with promising early progress.

Pancontinental Energy NL has revealed significant progress in its Namibian Orange Basin exploration, spotlighting a massive 5 billion barrel oil prospect in PEL 87 and advancing farmout efforts to fund upcoming drilling.

Pancontinental Energy has made significant strides in its Namibian PEL 87 project, defining a prospect inventory with multi-billion barrel potential and progressing an active farmout process.

Greenvale Energy has partnered with Sunrise Energy Metals’ subsidiary SRL Hot Rocks to advance the Millungera Basin geothermal project through a $5 million Farm-in agreement, unlocking significant clean energy potential in north-west Queensland.

Elementos Limited has announced a $2.9 million non-renounceable entitlement offer alongside a $6 million initial placement to fund key project developments, including the Oropesa Tin Project and Cleveland Tin and Tungsten Project.

Aura Energy has secured a new exploration permit in Sweden, adjacent to its existing Häggån project, positioning the company to deepen its stake in a globally significant polymetallic resource area.

Eagle Mountain Mining has reapplied for two cancelled exploration permits covering 12% of its Silver Mountain Project, with no expected disruption to near-term activities.

Enegex Limited has completed its acquisition of Famien Resources and appointed Paul Roberts as Managing Director, signaling a strategic shift aimed at accelerating gold exploration efforts.