Latest Mining Jurisdictions News

Sierra Nevada Gold (ASX: SNX) has completed a $12.85 million capital raise to fund an aggressive Phase 2 drilling campaign at its As Safra Copper-Gold Project in Saudi Arabia, supported by strong institutional backing.

Adavale Resources has wrapped up its 85-hole drill program at London-Victoria with strong assay results confirming broad and high-grade gold mineralisation beyond the existing resource boundary. An updated Mineral Resource Estimate is expected in Q3 2026, setting the stage for a scoping study.

Discovery Alaska Limited (ASX: DAF) has secured a strategic foothold in Western Australia’s Murchison Goldfields through the acquisition of the Cuddingwarra Gold Project, backed by a $900,000 placement to fund exploration and expansion.

Olympio Metals is set to acquire an 80% stake in the Jacknife High-Grade Silver Project in Idaho, leveraging patented mining claims and a local partner to accelerate exploration in a historically prolific silver district.

High-Tech Metals has pinpointed four priority gold targets at its Mt Eureka South Prospect through an integrated geophysical and geochemical survey, setting the stage for targeted follow-up drilling.

Iron Bear Resources has received the last USD 1.3 million tranche from Vale, completing a USD 18 million Phase 1 funding package under their joint development agreement for the Iron Bear project in Canada.

Kuniko has identified multiple new high-priority drill targets within 1km of its Commonwealth-Silica Hill Project by integrating recent and historical geophysical data, setting the stage for resource growth and district-scale exploration.

SQX Resources launches a fully underwritten $2.47 million rights issue at a 31% discount to fund accelerated exploration across key US and Australian projects.

Sun Silver’s 2026 drilling at Nevada’s Maverick Silver Project reveals broad, high-grade silver and antimony mineralisation beyond the current resource, underpinning resource expansion and development progress.

Tyranna Resources has finalised the sale of its 90% stake in the Namibe Lithium and Caesium Project in Angola to Sinomine Resource, netting approximately AUD 1.86 million and boosting cash reserves to around AUD 2.6 million.

Culpeo Minerals has identified two robust chargeability anomalies linked to surface copper mineralisation at its Fortuna Project in Chile, setting the stage for imminent diamond drilling campaigns.

Adavale Resources has reported a standout 19m intercept at 4.0g/t Au well outside the current London-Victoria Mineral Resource Estimate, signalling potential for a significant resource upgrade due in Q3 2026.