Latest Nevada News

Bison Resources (ASX: BSR) has launched its maiden exploration campaign across four Nevada projects following a $5.5 million IPO, revealing a promising 1.5-kilometre arsenic-antimony anomaly at Bald Peaks indicative of a Carlin-type gold system.

Morella Corporation has kicked off its maiden rubidium Mineral Resource Estimate at Mt Edon following a comprehensive drilling program and final assay results, while strengthening its balance sheet through a A$2.1 million capital raising.

Loyal Metals has secured full ownership of the Highway Reward Copper-Gold Mine and progressed its North American lithium projects, while moving forward with a A$79.1 million cash takeover by PT Bumi Resources.

Deterra Royalties reported a record A$61.8 million iron ore royalty revenue from Mining Area C in the June 2026 quarter, alongside significant progress at the Thacker Pass lithium project with US$1.21 billion drawn from a US Department of Energy loan.

Nelson Resources has pushed the envelope on its Gold Point Project, unveiling a spectacular 113.5g/t gold assay from underground sampling at the Orleans Mine’s 400-foot level, confirming a structurally controlled high-grade vein system and setting the stage for imminent diamond drilling.

Perpetual Resources has validated multiple high-grade tungsten zones at its Paraíba Project in Brazil, underpinning a strategic push into critical minerals with a planned follow-up exploration phase.

Union Star Metals has sharpened its exploration focus on the Cobb Creek Gold Project in Nevada, identifying a significant concealed gold target and progressing toward maiden drilling while divesting non-core assets to streamline operations.

Bayan Mining has launched its first-ever drilling program at the Desert Star Rare Earth Project, confirming key mineralisation and signing a strategic MoU with US Critical Materials to develop processing technologies.

West Cobar Metals made progress on its Salazar scandium and Cobar West copper projects during the June quarter, while deciding not to proceed with its Baxter Fluorspar acquisition and securing $1.05 million in new funding.

49 Metals has expanded its Gold Mountain discovery in Nevada, confirming a broad mineralised envelope around a high-grade feeder corridor with significant shallow and deep oxide gold intercepts. Further assays are pending, setting the stage for follow-up drilling later this year.

Nelson Resources has kicked off underground drilling at its high-grade Orleans Mine while advancing rehabilitation at Great Western Mine and securing a strategic tungsten property adjacent to a major US project. Exploration spending reached $794k, supported by a $2.1 million cash buffer.

Sun Silver has significantly expanded its Maverick Silver Project in Nevada by acquiring the Bayan Springs North Project and staking additional claims, consolidating a continuous 15-kilometre corridor with minimal prior drilling and a promising new exploration target.