GB Energy submits applications for exploration licenses in WA

Image credit: GB Energy ASX release

GB Energy (GBX), a focused explorer with exploration licenses in Australia, has provided an update on its exploration activities.

Image credit: GB Energy ASX release
Image credit: GB Energy ASX release

The company said it has lodged three exploration license applications with the West Australian Department of Minerals and Petroleum after completing a detailed geological targeting study.

“Two of the applications are in the Kimberley region of Western Australia and target copper, uranium, chromium and platinum group elements, the third application is in the Pilbara and targets uranium mineralisation immediately north of the Kintyre uranium deposit,” the company told the ASX.

“All three exploration licenses are applications only and there is not guarantee the tenements will be granted.”