Latest Polymetallic News

Sierra Nevada Gold’s maiden drilling at As Safra in Saudi Arabia reveals a significant, continuous copper system with strong vertical and strike continuity along a 5.5km corridor. Phase 1 drilling is complete with promising assays, and a larger Phase 2 program is planned.

Barkly Rare Earths (ASX:BAK) is launching a substantial 10,000-metre drilling campaign targeting expansion of its 40 million tonne inferred rare earth resource at the Barkly Project, with drilling set to start imminently.

NewPeak Metals has confirmed a significant polymetallic discovery at its Las Opeñas project in Argentina, with the first drill hole returning 663 metres at 0.41g/t gold equivalent including notable zinc and silver credits. The results position the company to advance towards a maiden resource declaration.

Taruga Minerals has validated high-grade gold and copper mineralisation at its Gwamogwamo prospect in Papua New Guinea, with assays up to 6.9 g/t Au and 8.0% Cu, while identifying a new target 900m north of known trenches.

Diablo Resources has secured final permits to start a maiden diamond drilling program at its high-grade North Star Prospect in Utah, targeting silver, antimony, and copper. The company also completed the second tranche of a $3.5 million placement to fund exploration and the Horn Silver acquisition.

Midas Minerals has extended high-grade copper and silver mineralisation at its Spaatzu prospect within the Otavi Copper Project, Namibia, with assays confirming at least 800m strike length and multiple significant intercepts. Exploration across other Namibian projects also shows promising early-stage results.

Tarrina Resources has extended gold mineralisation beyond historic workings at Christmas Gift, revealing high-grade intersections including 0.5m at 42.26 g/t Au and validating historic data with modern drilling.

Kingston Resources has launched a fully underwritten $8.47 million rights issue priced at 3.5 cents per share to support a major drilling campaign and plant expansion at its Mineral Hill project.

Kingston Resources has reported standout underground drilling results at its Red Terror deposit, Mineral Hill, revealing high-grade gold and copper extensions beyond current resource boundaries and opening new exploration avenues to the north and at depth.

Sunshine Metals has secured the Mt Moss Operation for $18 million, setting the stage for gold production by mid-2027 and progressing engineering, financing, and exploration activities.

Middle Island Resources has extended the gold-silver-base metal mineralisation at its Bobija Project in Serbia to an 80,000m² footprint, with broad, shallow intersections linking multiple zones into a continuous system that remains open in all directions.

Black Bear Minerals has extended high-grade silver intercepts outside its existing Shafter Mineral Resource Estimate, with assays up to 1,333g/t Ag and promising polymetallic potential, advancing resource validation and mine restart plans.