Latest Precious Metals News

Galileo Mining has identified a previously unrecognised mineralised ultramafic sill beneath its Callisto Resource, boosting the prospectivity of its Norseman PGM project and kicking off a 5,000-metre aircore drilling program targeting multiple high-priority sulphide zones.

Union Star Metals has sharpened its exploration focus on the Cobb Creek Gold Project in Nevada, identifying a significant concealed gold target and progressing toward maiden drilling while divesting non-core assets to streamline operations.

Tali Resources has kicked off a broad aircore drilling campaign at its West Arunta Project, backed by a $3 million placement and a $270,000 government grant to fund further prospect testing.

Manhattan Gold Corporation has kicked off its first modern drilling in over 30 years at Nunavut’s Hook Lake Project, backed by expanded mineral rights and promising high-grade gold assays from surface sampling.

Koba Resources has delivered strikingly high tungsten and tin assays from its initial sampling at Queensland's Mt Garnet Project, advancing drilling and exploration plans.

Bayan Mining has agreed to sell its Bayan Springs North Project in Nevada to Sun Silver for up to A$800,000, retaining a 1.0% royalty and securing non-dilutive funding to focus on rare earths development.

Caravel Minerals has advanced its Caravel Copper Project DFS with a 48% increase in Proven Ore Reserves and secured $15 million in new royalty funding from Regal Royalty Fund, while extending key regulatory timelines.

Raiden Resources progresses environmental approvals for its Brazilian gold tailings project, identifies new arsenic anomalies in Bulgaria, and moves to sell a major stake in its Western Australian nickel project.

Unico Silver has reported continued high-grade drill success at its Joaquin Project, pushing mineralisation beyond existing resources while advancing its Pre-Feasibility Study and securing key land holdings.

Galileo Mining has pinpointed a new drill target at its Norseman project, just 2km from the Callisto resource, following rock chip samples grading up to 1.87 g/t combined palladium, platinum and gold. An aircore drilling program is planned to test the untested mineralised zone beneath outcrop.

Tali Resources (ASX: TR2) is gearing up for a major exploration push across its 4,000km2 West Arunta tenure, targeting copper and critical metals with multiple drilling programs scheduled throughout 2026.

Union Star Metals has agreed to sell its Brazilian rare earth subsidiary to Harvest Minerals, receiving cash, shares, and milestone payments while sharpening its focus on gold and silver exploration in the US.