Latest Precious Metals Exploration News

Kuniko Limited has raised A$1.52 million through a rights issue shortfall and top-up placement, fully funding Stage-1 exploration at its Commonwealth Gold-Silver Project in NSW. Exploration activities, including geochemical sampling and airborne geophysics, are now underway in the prolific Lachlan Fold Belt.

Advance Metals has raised $13 million in a strongly supported placement led by global institutional investors, positioning the company to accelerate exploration across its high-grade silver and gold projects in Mexico and Victoria.

Pursuit Minerals is set to acquire a 100% stake in the high-grade Sascha Marcelina gold-silver project in Argentina’s prolific Deseado Massif, backed by a $4.04 million capital raise to fund aggressive exploration.

Legacy Minerals has secured NSW Government approvals to drill new high-grade silver and copper-gold targets at its Mt Carrington Project, initiating a key phase of exploration that could expand its 1.2Moz gold equivalent resource.

Advance Metals has identified a previously unknown high-grade silver-gold mineralised zone at its Yoquivo Project in Mexico, with rock chip samples showing exceptional grades. This discovery opens fresh exploration avenues in an area yet to be drilled.

Altitude Minerals has successfully raised $2.5 million to advance exploration at its promising silver and gold projects in Nevada and copper-gold targets in New South Wales, aiming to sustain momentum through 2026.

Altitude Minerals has secured an exclusive option agreement to acquire the Firenze Silver & Gold Project in Nevada, boasting exceptional surface assays and poised for drilling in 2026.

Galileo Mining has reported significant palladium, platinum, and gold assay results from aircore drilling at its Norseman project, defining a 10km continuous PGE anomaly at the Mission Sill prospect. The company is gearing up for follow-up reverse circulation drilling to test for deeper mineralisation.

Argent Minerals updates investors on its flagship Kempfield Project, highlighting resource expansion, exploration upside, and development plans aimed at early production and cash flow generation.

Kuniko Limited has executed a binding earn-in and joint venture agreement to acquire up to 70% of the Commonwealth Gold-Silver Project in NSW, backed by a rights issue to fund exploration and drilling. The project offers significant resource potential in a Tier-1 jurisdiction with existing inferred mineral resources.

Advance Metals Limited has reported strong assay results from its maiden diamond drilling program at the Yoquivo Silver-Gold Project in Mexico, revealing high-grade silver-gold mineralisation extending 60-70 metres deeper in the Pertenencia Vein. These findings pave the way for potential resource upgrades.

Australian Gold and Copper Ltd has reported robust silver-gold mineralisation from initial drilling at the Achilles deposit, with diamond drilling now underway to explore deeper extensions. Geological insights highlight a key stratigraphic marker aiding future targeting.