Latest Nevada News

Chariot Resources, through its U.S. subsidiary FMS Lithium Corporation, has significantly expanded its lithium tenure at the Resurgent project in the McDermitt Caldera, staking 573 new claims and nearly doubling its footprint amid improving lithium market conditions.

OD6 Metals has exercised its option to acquire the Quinn Fluorspar Project in Nevada after validating multiple high-grade fluorspar zones and historical data, positioning itself to tap into critical US mineral demand.

Minerals 260 continues to hit high-grade gold intercepts at its Bullabulling Project, underpinning resource upgrades and advancing production readiness ahead of key feasibility milestones.

Evion Group’s Panthera Graphite Technologies joint venture posted a US$530,000 EBITDA in its first full year of commercial production, operating at just 20-25% capacity and setting the stage for substantial earnings growth.

Black Bear Minerals has hit remarkable high-grade silver assays up to 1,169g/t at its Shafter Project in Texas, extending mineralisation beyond the existing 17.5Moz silver-only resource and revealing significant lead, zinc, and gold credits.

Altitude Minerals is gearing up for significant drilling campaigns in New South Wales and Nevada, backed by a recent $1.15 million capital raise to fund exploration and project advancement.

Western Ridge Resources has locked in Midnight Sun Drilling to kick off a 19-hole campaign at its Keystone Project in Nevada, marking the first drilling at the site in over eight decades. The program aims to test high-grade extensions and priority targets across an expanded landholding.

Desert Metals Limited has raised $1 million through a placement at a 2.9% premium, backing exploration at its Scotty Lithium and Monger Gold projects alongside new growth opportunities.

Nelson Resources has appointed Nevada Rand LLC to lead the next phase of underground diamond drilling at its Gold Point Project in Nevada, targeting high-grade vein extensions beyond historic workings.

Union Star Metals (ASX: USM) has identified a significant concealed gold target beneath shallow volcanic cover at its Cobb Creek Project in Nevada, with integrated geophysical and geochemical data converging to define the prospect. Drilling is targeted for September 2026 following upcoming DDIP surveys and advanced permitting.

Black Bear Minerals has engaged Ausenco for detailed restart studies at its Shafter Silver Project, while securing a non-binding financing support letter from Export Finance Australia to explore funding pathways aligned with U.S.-Australia critical minerals priorities.

Evion Group has appointed former Australian Ambassador to the US, Arthur Sinodinos, as Strategic Advisor to accelerate its US critical minerals strategy following its acquisition of the CARP Fluorspar Project in Nevada.