Latest Exploration Rights News

Miramar Resources has exercised its option to acquire 100% of Exploration Licence E25/654, a strategic move linked to the sale of its Randalls Project to Future Battery Minerals. This acquisition reinforces Miramar's commitment to advancing its mineral exploration footprint in Western Australia.

Loyal Metals has validated an extensive historical drilling dataset at Queensland's Highway Reward Mine, revealing significant unmined copper-gold mineralisation and setting the stage for a new exploration phase backed by $5.8 million in funding.

Altair Minerals has successfully navigated the initial legal hearing against BHP over the contested use of its Olympic Domain Project area, setting the stage for a protracted dispute over exploration rights and project valuation.

Kinetiko Energy has secured a crucial two-year renewal of its South African exploration rights, advancing its pilot production and development plans amid promising drilling results.

Prospech Limited has announced a 2-for-7 renounceable rights issue to raise up to $1.6 million, featuring attaching options exercisable at 4 cents. Directors are backing the raise, which will fund rare earth metallurgical work and exploration in Finland and Slovakia.

Perpetual Resources has reported exceptional preliminary caesium oxide grades up to 30.11% at its Igrejinha prospect, underscoring the strategic potential of this rare mineral amid constrained global supply. Certified assays and maiden drilling results are anticipated soon, promising to clarify the project's economic outlook.

Wildcat Resources has significantly extended the lithium-bearing pegmatites at its Bolt Cutter Central discovery near Tabba Tabba, with diamond drilling revealing a down-dip extension of over 700 metres. The discovery remains open in all directions, underpinning a promising exploration pipeline.

Resource Minerals International Ltd has acquired a 50% interest in a Saudi Arabian joint venture, gaining access to the highly prospective Shaib Marqan gold and base metals exploration licence. This move positions RMI to leverage Saudi Arabia’s expanding mining sector under Vision 2030 reforms.

Tivan Limited has formalised its exploration rights with Traditional Owners for the Sandover Fluorite Project and is gearing up for a significant maiden drilling campaign targeting high-grade fluorite veins.

Metal Bank Limited has announced its withdrawal from exploration activities in Jordan, citing geopolitical instability and financial guarantees demanded by local authorities as key reasons.

Perpetual Resources has reported multiple large-scale lithium pegmatite intersections at its Igrejinha Project in Brazil, highlighted by a significant >40m intercept with visible spodumene. Assay results are awaited to confirm the discovery's potential.

Winchester Energy reported steady oil production and revenue for the June quarter while resolving key legal disputes and undergoing significant board changes. The company also withdrew from costly Peruvian exploration plans, focusing on US operations and cost control.