Latest Nevada News

Nelson Resources has identified a promising copper-gold target at its Cinnamon Property in Nevada, delivering rock-chip samples with significant grades and outlining a clear path for advancing both copper-gold and tungsten prospects.

Venus Metals Corporation (ASX:VMC) has fortified its balance sheet with a $47 million sale of its Youanmi Gold Project royalty, rebuffed a hostile takeover, and set in motion significant shareholder returns including a $35 million cash dividend.

Argosy Minerals has made significant strides in its 12ktpa Rincon Lithium Project, delivering encouraging process testwork results and securing critical 40MW energy infrastructure, while engaging strategic partners for funding.

Black Bear Minerals reported exceptional silver drill results extending beyond its current Shafter resource and boosted its Independence gold resource to over 2.2 million ounces AuEq, while progressing operational restart studies backed by potential financing.

Sun Silver Limited is drilling to upgrade and grow resources at its Maverick Silver Project in Nevada, while expanding its landholding to 15 kilometres with a strategic acquisition and staking. The company engages Ausenco for scoping studies, holding $23.1 million cash at quarter-end.

Jindalee Lithium is pushing ahead with its McDermitt Lithium Project in the US, securing shareholder approval for a NASDAQ listing via US Elemental and raising $10.9 million to fund drilling and testwork. The project aims to deliver both lithium and magnesium, aligning with US critical minerals priorities.

Ioneer Ltd continues to build momentum on its Rhyolite Ridge lithium-boron project, signing strategic MOUs with Korean partners and navigating a legal appeal while preparing for construction.

Viking Mines has secured full permitting and contractor engagement for its maiden 63-hole drilling campaign at the Linka Tungsten Project in Nevada, alongside metallurgical testwork exceeding recovery targets and a strategic divestment of its First Hit Gold Project.

PolarX Limited has reported standout high-grade copper and gold assay results from its Alaska Range Project, with Northern Star increasing its joint venture stake and fully funding a major 10,000m drilling campaign scheduled for 2026.

G50 Corp has raised A$26.25 million through a well-supported institutional placement, with Hancock Prospecting taking a significant stake. The funds will accelerate drilling and metallurgical work at its Golconda and White Caps projects in the United States.

Fulcrum Lithium’s Phase 3 drilling at Alkali Flats reveals thick, continuous lithium zones with high-grade intervals, while Dry Canyon exploration advances with large-scale targets and claim expansions.

OD6 Metals has revealed gold assays up to 6.31g/t at its Quinn Fluorspar Project in Nevada, highlighting a large epithermal mineral system with potential for both epithermal and Carlin-style gold deposits alongside its core fluorspar targets.