Latest Epithermal Systems News

Piche Resources has identified more than 19 new epithermal structures at its Cerro Chacón project in Argentina, including a 2km vein and rock-chip results of up to 10.41 g/t gold and 553.42 g/t silver. The next test is whether those surface signals translate into a coherent mineralised system at depth.

Patriot Resources has secured five-year exploration and drilling access across its Tassa silver-gold project in Peru, while surface sampling has identified a mineralised structure 2km north of its existing resource. The explorer is now preparing a drill permit application after raising $3 million to fund its next campaign.

Investigator Silver has lodged the Mining Lease Application for its Paris Silver Project and begun a fully funded 30,000 metre drilling campaign. High-grade results beyond the existing mine plan and $55.1 million in cash give the company room to push resource growth and development work in parallel.

Unico Silver ended September with A$100.2 million in cash after completing a A$60 million placement, securing critical land for Joaquin and expanding its exploration footprint. The trade-off is a later maiden PFS, now scheduled for January 2027 as the company incorporates more drilling and metallurgical work.

Bindi Metals has expanded its key Drenjak gold intersection in Serbia to 8 metres at 13.1 g/t gold, while identifying further silver and nickel-cobalt targets at Ravni. The exploration progress comes with only A$459,000 in cash and a stated 0.38 quarters of funding, putting the next drilling phase behind a potential capital raising.

Stavely Minerals has paired strong preliminary economics for its Thursday’s Gossan copper-gold-silver project with a much tighter near-term funding position. The company also reported higher-grade mineralisation at depth at the Freddy’s Find gold-silver prospect.

49 Metals says every hole in its maiden Gold Mountain campaign intersected gold or silver, including a high-grade 27.4-metre interval and a 170.7-metre broad intercept. A second drilling campaign is now testing whether the Adit Zone has the continuity and scale needed to support a maiden mineral resource estimate in 2027.

Tasman Resources has received South Australian approval for its Parkinson Dam environmental programme, clearing the regulatory path for a 20-hole drilling campaign. The programme now hinges on contractor appointments and a drilling start date, with historical high-grade gold and silver results providing the geological rationale.

Great Southern Mining has reported a run of high-grade gold intercepts at Golden Boulder, extending mineralisation across the northern 1.1 kilometres of a 3.5-kilometre trend. The exploration gains arrive alongside A$2.524 million in cash and a reported 1.13 quarters of funding at the quarter-end spending rate.

Piche Resources has extended the mapped footprint of its Cerro Chacón epithermal system in Argentina, with surface rock-chip samples returning up to 10.41 g/t gold and 553.42 g/t silver. The results support continuity between La Javiela and Toro Hosco, but drilling is still needed to test grade continuity at depth.

Sunshine Metals has extended gold mineralisation at its Sybil project in North Queensland, led by a 4-metre intersection grading 11.11g/t gold at Francis Creek. The company plans a further 2,600 metres of drilling from mid-October across existing and untested targets.

Patriot Resources has completed 38 surface samples at its Tassa silver-gold project in Peru, where mapping identified a 120-metre breccia interpreted as the upper part of a preserved epithermal system. The company is now moving south into the newly acquired Tassa 5 tenement while its maiden drill permit application progresses.