The companies, who are in the process of merging to become Bullabulling Gold, are adding licence areas adjacent to their existing properties.
The move will add operational efficiencies, and could also lead to an increase in the size of the overall resource, if the results of forthcoming exploratory drilling show the same characteristics as the rest of the Bullabulling Trend, the companies said.
The joint venture has now a total of 131 sq km in tenements held in various mining permits, miscellaneous licences, prospecting licences and applications.
In addition, the joint venture also holds the Pastoral Lease underlying the tenements.
