Latest Nevada News

Mammoth Minerals has kicked off its maiden RC drilling program at the Blue Dick Prospect, aiming to extend exceptional surface silver and gold grades over a mapped 6.5km strike at its Excelsior Springs Project in Nevada.

Desert Minerals reported strong gold soil anomalies at Mt Monger and completed drilling at Scotty Lithium, pending assays. A $1 million placement boosts cash to A$4.05 million, underpinning upcoming drilling and resource estimation.

Bayan Mining has agreed to sell its Bayan Springs North Project in Nevada to Sun Silver for up to A$800,000, retaining a 1.0% royalty and securing non-dilutive funding to focus on rare earths development.

ACDC Metals has pinpointed several promising drill targets at its Mount Jackson gold-silver project in Nevada following an aeromagnetic survey, setting the stage for maiden drilling in late 2026.

Nelson Resources has pinpointed four key exploration targets at its Cinnamon Tungsten Property in Nevada, highlighting Ophir as a near-surface priority with strong alteration and a newly mapped quartz monzonite intrusion. Positioned next to Guardian Metal Resources’ Pilot Mountain project, the company plans immediate fieldwork to advance these prospects.

Union Star Metals has agreed to sell its Brazilian rare earth subsidiary to Harvest Minerals, receiving cash, shares, and milestone payments while sharpening its focus on gold and silver exploration in the US.

EV Resources has successfully commissioned the flotation circuit at its Tecomatlán plant, setting the stage for processing bulk ore and producing its first marketable antimony concentrate as it advances toward commercial production.

Venari Minerals has raised an oversubscribed $6.1 million to fund key development stages at its Red Mountain Lithium and Strategic Minerals Project in Nevada, including resource upgrades and a scoping study targeted for early 2027.

Nelson Resources has reported exceptional underground channel sampling results from its Orleans Mine in Nevada, revealing bonanza silver and high-grade gold mineralisation. The company is preparing to launch diamond drilling to test extensions beyond existing workings.

Marquee Resources has initiated a non-renounceable rights issue priced at $0.005 per share, aiming to raise just over $1 million. Eligible shareholders will receive free attaching options, with the offer closing on 27 July 2026.

Perpetual Resources has completed its first on-site technical assessment of the Nevada Scheelite Tungsten Project, validating key geological features and historical infrastructure. Six rock chip samples have been collected for assay, with results awaited as the company advances its technical work program.

Nelson Resources has kicked off metallurgical testing on samples from its high-grade Orleans Mine and completed underground rehabilitation, setting the stage for a follow-up core drilling program to extend known mineralisation at the Gold Point Project in Nevada.