Latest Precious Metals Exploration News

Patriot Resources has locked in a $3 million placement to fund exploration at its flagship Tassa silver-gold project in Peru and a new copper discovery in Zambia, underpinning its strategy to grow high-grade mineral resources.

Barton Gold has expanded its Tolmer silver discovery in South Australia, delivering multiple high-grade silver and gold assay results from a recent 3,677m drilling program. The western silver zone now stretches over 500 metres, while the eastern gold zone shows broad, high-grade gold mineralisation. Metallurgical testwork is set to begin, aiming to clarify recoverability and support resource modelling.

Bison Resources (ASX: BSR) has launched its maiden exploration campaign across four Nevada projects following a $5.5 million IPO, revealing a promising 1.5-kilometre arsenic-antimony anomaly at Bald Peaks indicative of a Carlin-type gold system.

Galileo Mining has identified a previously unrecognised mineralised ultramafic sill beneath its Callisto Resource, boosting the prospectivity of its Norseman PGM project and kicking off a 5,000-metre aircore drilling program targeting multiple high-priority sulphide zones.

Advance Metals has delivered promising maiden drilling results at its Gavilanes Silver Project in Mexico and moved toward full ownership of its Victorian gold projects, supported by strong gold recoveries and high-grade assays.

Union Star Metals has sharpened its exploration focus on the Cobb Creek Gold Project in Nevada, identifying a significant concealed gold target and progressing toward maiden drilling while divesting non-core assets to streamline operations.

Mammoth Minerals has kicked off its maiden RC drilling program at the Blue Dick Prospect, aiming to extend exceptional surface silver and gold grades over a mapped 6.5km strike at its Excelsior Springs Project in Nevada.

ACDC Metals has pinpointed several promising drill targets at its Mount Jackson gold-silver project in Nevada following an aeromagnetic survey, setting the stage for maiden drilling in late 2026.

Unico Silver has reported continued high-grade drill success at its Joaquin Project, pushing mineralisation beyond existing resources while advancing its Pre-Feasibility Study and securing key land holdings.

Union Star Metals has agreed to sell its Brazilian rare earth subsidiary to Harvest Minerals, receiving cash, shares, and milestone payments while sharpening its focus on gold and silver exploration in the US.

Podium Minerals has confirmed robust platinum group metals mineralisation extending to 500 metres depth at Parks Reef, reinforcing the project's scale and growth potential amid supportive market fundamentals.

Australian Gold and Copper Ltd’s deepest hole at Achilles confirms high-grade mineralisation extending well beyond the current resource boundary, supporting underground growth potential.