Latest Precious Metals Projects News

Resource Minerals International Ltd (ASX:RMI) has raised $3.5 million through a share placement to fund upcoming drilling programs in Tanzania and Saudi Arabia, targeting copper-gold and precious metals.

Yugo Metals (ASX:YUG) secured government approval for its Petrovo tenement in Bosnia, while initial drilling at Sinjakovo’s Kovacevac and Erak prospects delivered promising polymetallic results. The company also appointed Petar Tomašević as permanent CEO, positioning itself for further exploration progress.

Mammoth Minerals reported significant shallow gold intercepts at its Excelsior Springs project in Nevada, expanded its landholding with the Imperial Gold Project acquisition, and completed the Paterson divestment, positioning itself for further exploration growth.

Sun Silver has engaged global engineering firm Ausenco to lead critical concept and scoping studies for its Maverick Silver Project in Nevada, aiming to underpin a maiden Scoping Study by late 2026. The move leverages Ausenco’s North American precious metals expertise and comes as silver prices hover near US$77 an ounce, bolstering project economics.

Yugo Metals has appointed Petar Tomašević as its permanent CEO, following his interim leadership that saw significant project milestones. His international experience and regional insight position the company for accelerated growth in Europe's strategic metals sector.

Western Ridge Resources has received regulatory approval to commence drilling at its historic Keystone Project, marking the first major exploration in over eight decades. The fully funded program aims to unlock new high-grade silver extensions and test multiple promising targets.

Aguia Resources has secured key mining concessions in Brazil, setting the stage for operational licensing and commissioning of its Tres Estradas phosphate mine by April 2026.

Battery Age Minerals has confirmed significant high-grade gold and silver mineralisation along a 2.7 km strike at its El Aguila Project in Argentina, with follow-up drilling planned to test depth and extensions.

TechGen Metals has acquired 100% of the Mt Boggola East copper-gold-silver project in Western Australia, adding a key tenement adjacent to its existing holdings. Historic drilling highlights significant high-grade copper mineralisation, setting the stage for imminent exploration.

Anax Metals is set to release an updated feasibility study for its Whim Creek project, reflecting soaring commodity prices and progressing funding talks to push the project into development.

Terra Critical Minerals has completed a key acquisition in Nevada and boosted its Canadian uranium investment, positioning itself to capitalise on soaring tungsten and uranium prices.

Yugo Metals has made promising progress with diamond drilling at its Sinjakovo project, intersecting silver-zinc-lead mineralisation, while securing $3.5 million in new funding and expanding its investor reach through a dual listing in Germany.