Latest Nevada News

Perpetual Resources (ASX: PEC) has locked in a 100% stake in the historic Nevada Scheelite tungsten mine, boasting an average grade of 1.1% WO3 and existing underground infrastructure. The acquisition is backed by a $2.5 million placement to fund validation and exploration.

Sierra Nevada Gold (ASX: SNX) reports 60% completion of its Phase 1 drilling at the As Safra copper-gold project in Saudi Arabia, with promising geological signs and ongoing government backing.

OD6 Metals reveals multi-element assay results from its Quinn Fluorspar Project showing exceptionally low impurities and high fluorspar grades, supporting potential direct shipping Metspar and upgraded AcidSpar products.

Hawk Resources has pushed the boundaries of its Cactus Corridor copper-gold project in Utah with new assay results from drill hole DD26CT005, revealing extended near surface mineralisation and high-grade copper zones. The findings suggest the mineralised trend remains open and drilling is set to resume in July 2026.

Mammoth Minerals reports extraordinary silver, gold, and copper assay results from surface sampling at Nevada’s Blue Dick Mine Prospect, confirming extensive high-grade mineralisation and setting the stage for drilling in Q3 2026.

Minerals 260 has kicked off early construction at its 4.5Moz Bullabulling Gold Project, aiming for plant construction in early 2027 and first gold output by late 2028. Key initiatives include a $59.1 million village contract, water infrastructure development, and extensive grade control drilling.

Great Northern Minerals has unveiled a maiden Inferred Mineral Resource Estimate at its Iron Butte Gold-Silver Project in Nevada, quantifying 480,000 ounces of gold and 11.5 million ounces of silver. The deposit remains open for expansion, with drilling planned for Q3 2026 backed by $3.9 million in cash.

Great Northern Minerals Limited has voluntarily suspended trading of its securities on the ASX pending an updated Mineral Resource Estimate for its Iron Butte Gold-Silver Project, with trading expected to resume by 15 June 2026.

Sierra Nevada Gold (ASX: SNX) has appointed Adam Oehlman as CEO to lead its next growth phase, focusing on advancing a three-rig drilling campaign in Saudi Arabia and trial mining in Nevada.

West Cobar Metals (ASX: WC1) has struck a deal to acquire the Baxter Fluorspar Project in Nevada, a site with a rich history of premium acid-grade fluorspar production. Backed by a $1.05 million placement, the acquisition positions WC1 within a critical US supply chain for fluorspar, a mineral vital for semiconductor and defence industries.

ACDC Metals closed its non-renounceable entitlement offer raising $348,000 from shareholders, but a substantial shortfall of over 24 million shares remains to be placed.

Viking Mines has achieved a significant metallurgical breakthrough at its Linka Tungsten Project, boosting recovery to 76.0% with a 56.9% WO3 concentrate grade, surpassing previous targets and reinforcing a low-capex processing approach ahead of maiden drilling.