Kaiser Reef has been granted Macquarie North exploration licences in New South Wales.

The licenses are believed to hold potential for copper-gold styles of mineralisation and cover 80km of the Macquarie Arc.

Despite being situated in a premier mining district, the area has seen limited exploration.

The company aims to start exploring as promptly as possible, with the main focus still on its A1 Gold Mine and Maldon Exploration Project in Victoria.