Latest Exploration Rights News

Alligator Energy has sold its Northern Territory uranium assets to DevEx Resources for $7.5 million, streamlining its portfolio to concentrate on South Australian projects like Samphire. This move injects liquidity and reduces ongoing costs, positioning the company for accelerated development.

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.

Augustus Minerals has applied for a significant exploration licence in Papua New Guinea’s Vanapa River region, positioning itself within one of the world’s richest gold-copper belts while progressing its Mt Kare project.

Altair Minerals has formally opposed BHP’s plans to use its Olympic Domain Project area for infrastructure, leading to a court-ordered mediation ahead of a December hearing.

Yugo Metals has secured a $385,000 VAT refund from Bosnia-Herzegovina authorities, strengthening its financial position alongside a recent $3.5 million capital raise. This funding boost sets the stage for accelerated exploration at its promising gold targets.

Almonty Industries posted a strong Q3 net income driven by rising tungsten prices and strategic financing, while advancing its flagship Sangdong Mine and acquiring new US exploration rights.

Kinetiko Energy has reported record gas flow rates from its Brakfontein test wells, renewed critical exploration rights, and signed a joint venture to develop a pilot LNG plant, marking a significant step towards commercial gas production in South Africa.

Clara Resources upgrades the Ashford Coking Coal Project resource classification and raises $1.6 million to fund a critical drilling program, while reviewing strategic options for its Kildanga Nickel/Cobalt asset.

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.