Latest Precious Metals Exploration News

AuMEGA Metals has advanced its exploration portfolio in Newfoundland with the Isle aux Morts Granite emerging as a prime target and new gold trends identified at Bunker Hill. Diamond drilling results from Cape Ray are eagerly awaited.

LCL Resources reported promising high-grade gold-copper-silver assays from trenching in Papua New Guinea and is actively pursuing lower-risk jurisdiction assets while advancing its Colombian option agreement.

Sun Silver Limited has reported a substantial 59 million ounce silver equivalent increase in its Maverick Springs mineral resource, now totalling 539Moz AgEq, alongside commencing U.S. OTCQX trading and appointing a strategic advisor to boost U.S. government engagement.

Australian Critical Minerals Limited (ACM) has unveiled detailed exploration plans for its Peru projects, highlighting the Flint Project’s compelling high-grade gold and silver targets with drilling scheduled for early 2026.

Australian Critical Minerals has raised $3 million through a heavily oversubscribed placement to fund maiden drilling at its promising Flint Gold-Silver Project in Peru.

BMC Minerals Ltd. reported a strong cash position of $64.9 million following its December 2025 ASX listing, supported by significant financing inflows and a secured agreement with Wheaton Precious Metals Corp.

Advanced Metals has ramped up its drilling programs in Mexico and Australia, backed by a $13 million capital raise and strengthened leadership, positioning itself for significant resource growth in 2026.

Argent Minerals has launched its 2026 diamond drilling campaign at the Kempfield Silver-Polymetallic Project, aiming to extend known mineralisation and explore new high-priority zones. The program sets the stage for a year of significant newsflow and potential resource expansion.

Australian Gold and Copper Ltd has reported outstanding deep drilling results at its Achilles deposit, revealing high-grade silver and gold mineralisation well below previous resource estimates. These findings come as silver prices surge above US$110 an ounce, potentially boosting the deposit's value.

Andean Silver has reported exceptional high-grade silver and gold drilling results at its Cerro Bayo Project in Chile, alongside a successful A$36 million capital raise to accelerate resource growth and development.

Legacy Minerals has locked in $4 million through an underwriting agreement to ensure full exercise of its listed options, bolstering its cash reserves to $10 million for advancing exploration at Mt Carrington.

Australian Gold and Copper has reported outstanding new drill results at its Achilles deposit, revealing multiple broad, high-grade silver and gold intervals that extend mineralisation beyond the initial resource estimate. The company aims to more than double its South Cobar Project resource by year-end with ongoing drilling.