Latest Montana News

Red Mountain Mining has reported widespread tungsten mineralisation from surface sampling at its Pioneer project in Montana, including results of up to 0.55% WO3. The expanded 517-hectare project also returned high-grade copper, silver and gold assays, setting up further fieldwork before potential drilling.

Canadian Phosphate has extended visually identified phosphate mineralisation at its Wapiti project in British Columbia to approximately 9km of strike. The company will spend more on exploration while deferring its Barnes bulk sample to 2027 and relying on lower-margin Montana inventory for near-term supply.

Culpeo Minerals has started a four-hole, 2,000-metre maiden diamond drilling programme at Vista Montana, testing a copper-molybdenum target north-east of its Lana Corina discovery. The company is also using IP surveys to refine targets, while assays from El Quillay South returned several narrow copper-gold intersections.

Sentinel Metals has secured a seven-year option to buy out a legacy 1% royalty over claims hosting roughly 500,000 ounces of Columbia’s current resource. The deal caps the purchase price at 500 ounces of gold while limiting near-term payments to 5 ounces a year.

Olympio Metals has begun field exploration across its Jacknife and Raven silver projects in the United States, with drilling at Jacknife expected to start imminently. A replacement announcement also strengthens the company’s description of a historical foreign estimate, while making clear that the estimate remains non-JORC and requires fresh verification.

Olympio Metals has launched its maiden drilling campaign at the Jacknife Project in Idaho, targeting historically rich silver mineralisation within patented claims, while advancing surface sampling at its Raven Project in Montana.

Red Mountain Mining has kicked off its first reverse circulation drilling campaign at the Armidale Antimony-Gold Project in NSW, aiming to test high-grade orogenic antimony-gold mineralisation at the Oaky Creek prospect. Seventeen holes are planned over three weeks, with assay results expected next quarter.

Sentinel Metals has completed its acquisition of the Big Springs Gold Project in Nevada, adding over 1 million ounces to its North American gold resource base and positioning itself as a significant player in Tier-1 US mining jurisdictions.

Sentinel Metals has secured 100% ownership of the Big Springs Gold Project in Nevada, adding over 1 million ounces of gold to its portfolio and nearly doubling its North American resource base alongside its Montana project.

Sandfire Resources Ltd (ASX:SFR) posted a 41% revenue jump to $1.65 billion and a 282% surge in net profit to $355.8 million for FY26, driven by strong operational performance and robust commodity prices. The company declared a fully franked 35 Australian cents per share dividend and advanced its Kalkaroo Copper-Gold Project with a $70 million pre-feasibility study underway.

Palisade Metals has boosted its Finley Basin Tungsten Project landholding by 87% to over 696 hectares, setting the stage for maiden drilling in Q3 2026 aimed at validating historical tungsten mineralisation in Montana.

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.