Latest Exploration Licence News

Askari Metals has acquired 100% ownership of a highly prospective gold project portfolio in Ethiopia’s Adola Greenstone Belt, positioning itself near multi-million-ounce deposits in a region ripe for discovery.

Noronex Limited reports promising copper and silver assay results from initial drilling at its Fiesta Copper Project in Namibia, while advancing diamond drilling and expanding exploration licences in Botswana. The company also strengthens its financial position through early option exercises and South32 earn-in funding.

Riversgold Ltd has exercised its option to increase ownership to 80% in the Kalgoorlie East Northern Zone Gold Project, submitting a mining lease application while delivering significant shallow gold intercepts. Concurrently, its Saint John project in Canada reports high-grade copper, gold, silver, and antimony assays, with drilling approvals secured.

Tasman Resources has progressed its Lake Torrens IOCG joint venture with Fortescue, expanded geophysical surveys, and outlined plans for a multi-target drilling campaign at Parkinson Dam, supported by a $3.68 million entitlement offer.

S2 Resources reported significant progress across its Australian and Finnish projects during the March 2025 quarter, completing key geophysical surveys and drilling programs while maintaining a solid cash balance of A$2.2 million.

BMG Resources advances its gold exploration with ongoing drilling at Abercromby, promising near-surface high-grade results at Bullabulling, and strategic positioning near producing mines at Invincible.

Kaili Resources reported encouraging assay results from its South Australian rare earth projects, setting the stage for expanded drilling programs, while exiting its Western Australian Holey Dam project due to insufficient mineralisation.

Mindax Limited has secured $7.75 million through a share placement and acquired strategic stakes in Doublebell Resource Wealth and Cashmere Iron, advancing its vision to develop the Mid-West region into a major iron ore hub.

Metgasco Limited reported a modest quarterly profit supported by steady gas production from its Odin and Vali fields, while approving a production uplift program to boost future output. Despite challenges including flooding delays and lower LPG sales, the company secured a six-year licence renewal, positioning it for growth in the Cooper Basin.

DMC Mining progresses its strategic acquisition of the Firawa and Labé uranium projects in Guinea, despite ongoing delays in exploration licence grants. The company extends its capital raising timetable while navigating ASX suspension and financial constraints.

Energy Transition Minerals (ETM) has renewed its focus on the Kvanefjeld rare earth project in Greenland, highlighted by a high-level site visit and a $9.35 million capital raise, while navigating ongoing arbitration and court proceedings.

ACDC Metals has reported encouraging metallurgical and marketing outcomes from its Goschen Central heavy mineral sands project, underpinning a scoping study underway and advancing resource development.