Latest Mining Licences News

Adavale Resources has boosted its Parkes Project gold resource by 44% to 166,000 ounces through a 100% scrip acquisition of the Calarie mining licence and three exploration licences, consolidating its belt-scale position in NSW’s Lachlan Fold Belt.

Pacific Resources (ASX: PXR) has secured full ownership of the Snowstorm Project in Victoria’s Eastern Goldfields for $400,000, gaining access to high-grade gold mineralisation and an approved underground bulk sampling program.

Xingye Gold (Hong Kong) Mining Company Limited has launched an off-market takeover offer for all remaining shares in Far East Gold Ltd (ASX:FEG) at $0.13 cash per share, offering shareholders a premium amid stalled projects and funding concerns.

Asian Battery Metals (ASX:AZ9) has visually confirmed a substantial extension of copper-rich massive sulphide mineralisation at its Red Hill (Maikhan Uul) project in Mongolia, pushing the known strike length beyond 155 metres. Assay results are pending, while further geophysical surveys and drilling are underway to refine exploration targets.

Metal Bank has taken a significant step toward production at its Seven Leaders gold deposit by signing a non-binding MOU with Terra Mining for contract mining and crushing services, targeting a Q4 2026 start.

Silver Mines has bolstered its Bowdens Silver Project by acquiring a 3,345-hectare freehold land parcel for $12.5 million, enhancing water security, biodiversity efforts, and infrastructure options ahead of a key feasibility study.

Pacific Resources (ASX: PXR) has secured 100% ownership of the Snowstorm Project, a high-grade gold asset in Victoria’s Eastern Goldfields, for $400,000. The acquisition complements its existing foothold in the region and sets the stage for underground bulk sampling and deeper exploration.

Aurum Resources has cleared a major regulatory hurdle with three environmental certificates granted for its 3.22Moz Boundiali Gold Project in Côte d’Ivoire, bringing the project closer to mining licence approval.

Strata Minerals’ Phase 2 drilling at Zelica confirms consistent shallow high-grade gold over a 1km strike, revealing new plunging shoots and a hanging-wall lode that could expand the system across a 9.5km corridor.

Prospect Resources has updated its Mumbezhi Copper Project Mineral Resource Estimate, boosting tonnage by 20% to 208.1 million tonnes and doubling gold resources to 262,100 ounces. The project now boasts tier-1 copper grades comparable to Zambia’s top mines, with Phase 3 drilling underway to expand resources further.

Estrella Resources has launched a cutting-edge UAV-based electromagnetic survey at its Ira Miri manganese project to explore deeper and lateral extensions of high-grade mineralisation, aiming to refine geological models and support mining licence applications.

Brazilian Rare Earths Limited (ASX: BRE) is demerging its Amargosa Bauxite-Gallium Project into a new ASX-listed entity, Alurion Resources, aiming to unlock value and sharpen focus on distinct mineral opportunities.