Latest Exploration Rights News

Winchester Energy has signed a non-binding term sheet with Jaguar Exploration to jointly pursue offshore exploration rights in Peru, while maintaining steady production and implementing cost reductions in its Texas operations.

Dateline Resources progresses its Colosseum Gold-REE Project with a Bankable Feasibility Study underway, US government mining rights confirmed, and fresh capital raised to fuel development.

Thor Energy PLC has fast-tracked exploration activities at its newly acquired South Australian hydrogen and helium licence following a promising independent resource assessment. The company reported a net cash outflow but maintains a solid cash position to support upcoming work.

Metal Bank Limited has reported a substantial 73% increase in its Livingstone Gold Resource in Western Australia, while progressing exploration and development initiatives across Australia, Jordan, and Saudi Arabia, supported by a $275k Queensland government grant for graphite.

Somerset Minerals Ltd has raised $2.39 million to fund its maiden drilling and surface sampling campaign at the Coppermine copper-silver project in Nunavut, targeting high-grade mineralisation supported by strong geophysical and historical data.

D3 Energy has secured three new Technical Cooperation Permits near its flagship ER315 project, broadening its footprint in a world-class helium province and setting the stage for potential resource growth.

Advent Energy, in which MEC Resources holds a significant stake, is pursuing a judicial review against the federal government's refusal to extend the PEP-11 offshore petroleum permit. This legal move could reshape the future of the project and its stakeholders.

Lincoln Minerals has uncovered significant copper and base metals mineralisation in previously overlooked footwall sequences at its Minbrie prospect on South Australia's Eyre Peninsula, prompting a focused two-phase exploration program.

Kinetiko Energy reports sustained and improving gas flows from its South African test wells, prompting a drilling optimization study to enhance recovery and support future production.

NT Minerals Limited reveals promising initial assay results from its Ultrafine Soil Sampling Program at the Twin Peaks Project, highlighting significant copper and gold anomalism that paves the way for targeted drilling in 2025.

Genesis Resources Limited has completed its acquisition of full ownership of the Silgen joint venture controlling the Plavica project in North Macedonia, while preparing for follow-up drilling in its Australian tenements amid ongoing environmental studies.

Metal Bank Limited reports significant progress across its Australian and MENA projects, including a strategic review of its Livingstone Gold Project and new exploration rights in Saudi Arabia and Jordan, supported by a fully subscribed $1.56 million entitlement offer.