Latest Lead And Silver News

Zenith Minerals confirms a substantial and continuous gold mineralisation system at Red Mountain, Queensland, with new diamond drilling results revealing significant depth and high-grade zones. A follow-up RC drilling program is set to further delineate the system’s lateral extent and target its high-grade core.

S2 Resources has commenced a two-month drilling campaign at its Warraweena project in northern NSW, targeting six geophysical anomalies with potential for multiple valuable mineral deposits. A follow-up gravity survey is advancing to refine these targets further.

Critical Resources Limited has successfully completed the first tranche of its capital raising, issuing over 190 million shares and accompanying options to bolster its exploration projects. The company now awaits shareholder approval for director share issuance as it prepares for the second tranche.

Golden Deeps Ltd reports exceptional high-grade copper, silver, zinc, and germanium results from its Graceland Prospect in Namibia, setting the stage for targeted drilling of Tsumeb-style deposits.

Terrain Minerals has reported robust high-grade gold intersections from its latest drilling at the Lightning prospect within the Smokebush Project, reinforcing the potential for a significant new gold system in Western Australia.

Middle Island Resources has initiated field activities at the Bobija polymetallic project in Serbia, targeting significant gold, silver, lead, and zinc mineralisation within a historic mining lease. The move follows its pending acquisition of Konstantin Resources, expanding its footprint into a world-class mineral province.

Australian Critical Minerals has completed its acquisition of Circuit Resources, securing a 25,600-hectare portfolio in Peru rich in precious and base metals, with multiple drill-ready projects poised for exploration.

Altamin Limited has announced a $6.46 million capital raising via a pro rata entitlement offer to fund development of its lithium-potash Lazio Project and zinc-lead Gorno Project in Italy. The majority shareholder Victor Smorgon Group has committed strongly, underpinning the raise.

Golden Deeps Ltd has identified further high-grade copper mineralisation at its Graceland Critical Metals Prospect in Namibia, with new channel sampling revealing extensive mineralised zones. An upcoming Induced Polarisation survey aims to pinpoint drilling targets for critical metals including copper, silver, and germanium.

Litchfield Minerals reports assays confirming up to 35% manganese with a hydrothermal signature at Lucy Creek 2, Northern Territory, signaling a potentially larger manganese system. Planned geophysical surveys and drilling in 2026 aim to unlock further resource potential.

Miramar Resources’ recent VTEM survey at Bangemall reveals multiple large electromagnetic conductors with promising Noril’sk-style nickel-copper-PGE potential, while a joint venture with Sumitomo Metal Mining moves closer to formalisation.

Critical Resources Limited is set to commence its first drilling campaign at the Amoco Gold-Antimony Project in NSW, targeting a promising structural corridor with confirmed high-grade surface samples. Drilling is scheduled to begin in early October following pending soil-geochemistry results.