Latest Union Star Metals (ASX:USM) News

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.

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.

Union Star Metals has locked in a binding option agreement with Lionex Metals Group for its Kalgoorlie Gold Project, potentially netting up to A$890,000. The deal aligns with Union Star’s strategy to streamline Australian assets and refocus on its Nevada gold and silver ventures.

Union Star Metals (ASX: USM) has identified a significant concealed gold target beneath shallow volcanic cover at its Cobb Creek Project in Nevada, with integrated geophysical and geochemical data converging to define the prospect. Drilling is targeted for September 2026 following upcoming DDIP surveys and advanced permitting.