Latest Precious Metals Exploration News

Rimfire Pacific Mining has located and resampled historic diamond drill core from its Windy Ridge Gold Antimony Prospect, aiming to validate decades-old gold intercepts and quantify antimony levels. Results are expected by early April 2026, potentially enhancing the value of its Broken Hill Base Metals Project amid rising critical minerals demand.

New Age Exploration appoints seasoned geologist Kirby Johnson as CEO and acquires the promising Wallah Silver Project in NSW, complementing positive drilling results at its Wagyu Gold Project in Pilbara.

Piche Resources announces the resignation of Managing Director Karilyn Farmer effective April 2026, with seasoned geologist Claudio Devaux appointed as country manager to ensure continuity in exploration activities.

PVW Resources has completed its acquisition of Southern Prospecting, gaining full ownership of the Cobb Creek Project in Nevada with a historical gold estimate of 173,000 ounces. The move marks a significant shift towards North American precious metals exploration.

Tempest Minerals has completed the sale of its Yalgoo Project to Capricorn Metals for $4.5 million in cash and shares, while retaining key iron ore rights. The deal includes potential milestone payments tied to future gold discoveries and mining progress.

Patriot Resources has announced a significant maiden inferred mineral resource of 31.4 million ounces silver equivalent at its Tassa Project in Southern Peru, highlighting a large-scale epithermal polymetallic system open in all directions.

Aeris Resources has announced a strategic all-scrip acquisition of Peel Mining, consolidating key copper assets in New South Wales and aiming to extend the Tritton mine life beyond a decade. Peel shareholders will also retain exposure to precious metals exploration through a demerger into a new ASX-listed entity.

Mithril Silver and Gold Limited confirms extensive high-grade silver and gold mineralisation across multiple targets at its Copalquin project in Mexico, backed by promising drilling results and a comprehensive aerial magnetic survey. The company is gearing up for a major drilling campaign to expand resources and explore new zones.

Critical Resources Limited reports a significant multi-commodity discovery at its Halls Peak Project in NSW, featuring a major gold-antimony-silver system at Amoco and exceptional silver grades at Gibsons.

Australian Critical Minerals Ltd has updated its Flint Gold-Silver Project presentation, confirming drill readiness with permits and funding secured for an initial diamond drilling program in Peru’s prolific epithermal belt.

Galileo Mining’s recent drilling at its Norseman project has confirmed promising palladium-platinum-gold mineralisation near surface, with a funded diamond drilling program poised to test for deeper extensions beneath the Callisto deposit.

AuMEGA Metals has advanced its exploration portfolio in Newfoundland with the Isle aux Morts Granite emerging as a prime target and new gold trends identified at Bunker Hill. Diamond drilling results from Cape Ray are eagerly awaited.