Latest Exploration Licence News

First Au Limited has launched its inaugural diamond drilling program at the Nimba Gold Project in Liberia, securing ownership of a drilling rig to bolster its West African exploration ambitions.

Chariot Corporation Ltd is set to acquire a 66.7% interest in a substantial Nigerian lithium portfolio, marking a strategic entry into Africa’s burgeoning lithium sector with a US$10 million funding commitment.

Belararox Limited is set to begin drilling four priority copper targets in its Kalahari Copper Project this August, following extensive geological and geophysical surveys. The move marks a significant step forward in exploring a highly prospective region of the Kalahari Copper Belt.

Bryah Resources has signed a binding option to acquire the high-grade Golden Pike gold project in Canada, while appointing Greg Hill as its new CEO to steer exploration and development efforts.

Novo Resources has reported significant high-grade gold intercepts from its maiden drilling at the Clone prospect within the Tibooburra Gold Project, confirming a continuous shallow north-plunging gold shoot over 300 metres. The company plans further drilling and structural studies to expand on these promising results.

West Cobar Metals has identified compelling copper-gold targets at its 100%-owned Nantilla Project in NSW, leveraging reprocessed geophysical data to pinpoint priority drill sites.

Somerset Minerals has kicked off a fully funded maiden drilling campaign at its flagship Coppermine copper project in Nunavut, targeting multiple high-grade copper anomalies. Initial results are expected within weeks as the company plans a larger follow-up exploration phase.

DY6 Metals has significantly expanded its Central Rutile Project in Cameroon by acquiring six new exploration licences, more than doubling its landholding and positioning itself in a globally emerging rutile province.

Western Yilgarn Limited has announced a maiden JORC Inferred Mineral Resource of 16.57 million tonnes at its Cardea 3 Bauxite Project, boosting its total bauxite portfolio to 205 million tonnes across Western Australia.

Group 6 Metals reported a $23 million loss for H1 2024 amid operational setbacks but completed a major $81 million debt-to-equity recapitalisation, setting the stage for a strategic turnaround.

Thor Energy's recent soil geochemistry survey at its HY-Range project in South Australia reveals exceptionally high natural hydrogen and helium levels, marking a significant step forward in exploration efforts.

Dynamic Metals has secured heritage and regulatory approvals to commence a targeted 13-hole drilling program at its Chalice South gold prospect, advancing exploration in a proven mineralised corridor in Western Australia.