Latest Precious Metals Exploration News

Australian Gold and Copper Ltd has secured a binding agreement to acquire the Browns Reef Project from Eastern Metals, significantly expanding its South Cobar exploration footprint in NSW with promising historic drilling results.

AuMEGA Metals has completed a significant diamond drilling program at its Cape Ray Project and expanded its exploration footprint at Bunker Hill, while appointing experienced leaders to drive growth.

Midas Minerals has agreed to acquire the high-grade Otavi Copper Project in Namibia from Nexa Resources, backed by a $6.5 million capital raise to accelerate exploration and resource definition. The company also advances its South Otavi and Western Australian projects, positioning for significant growth.

Diablo Resources advances exploration at its Phoenix Copper Project with significant rock sampling results and drill permits granted for key prospects, setting the stage for drilling in Q3 2025.

Galileo Mining has kicked off a significant 5,000-metre aircore drilling campaign at its Norseman project, aiming to build on promising palladium and platinum results and grow its existing 1.27 million ounce palladium equivalent resource.

G50 Corp Limited attributes its recent share price jump to earlier announcements about a new precious metals discovery, confirming no undisclosed information is driving the trading activity.

Sun Silver Limited’s re-assay program at its Maverick Springs Project in Nevada has uncovered silver grades up to 26% higher than historical data, suggesting a significant underestimation in the existing resource. This finding could reshape the project’s valuation and future development plans.

G50 Corp has announced preliminary results from its Phase 2 drilling at the Golconda Project in Arizona, confirming a new precious metals discovery. The company will discuss the discovery’s implications and next steps in an upcoming webinar.

DY6 Metals has raised A$4.625 million through a placement to accelerate exploration of its rutile projects in Cameroon, alongside appointing industry veteran Cliff Fitzhenry as CEO to lead the charge.

Mithril Silver and Gold Limited has arranged a placement to raise up to C$11.5 million, aiming to accelerate exploration at its Copalquin project in Mexico’s prolific Sierra Madre Trend.

Galileo Mining is set to begin a 5,000-metre aircore drilling campaign at its Norseman project, targeting high-grade palladium and platinum zones to expand its existing resource base.

Sun Silver Limited has obtained regulatory approval for 90 additional drill pads at its Maverick Springs Silver-Gold Project in Nevada, enabling uninterrupted drilling to support resource upgrades and metallurgical testing through 2025.