Latest Precious Metals News

Kincora Copper has kicked off a capital-efficient, sole-funded drilling campaign at its 100%-owned Condobolin gold-silver-base metals project in NSW’s Cobar Basin, targeting extensions to the high-grade Meritilga discovery and testing new geochemical and geophysical anomalies.

Regener8 Resources has secured a binding agreement to acquire the Srebrenica North Project in Bosnia and Herzegovina, complemented by a successful $800,000 placement and a $2.87 million entitlement offer to fund exploration and due diligence.

Ragusa Minerals has reported strikingly high manganese and gold assay results from rock samples at its Purple Pansy Project in Arizona, setting the stage for targeted geophysical surveys and drilling to define a maiden resource.

Flynn Gold has reported standout assay results from its Tasmanian projects, including exceptional silver-lead-zinc grades at Silver King and significant tungsten-gold mineralisation at Firetower and Warrentinna, underpinning a ramp-up in drilling and regional exploration.

Barton Gold Holdings has reported exceptional high-grade gold assays up to 170 g/t at its Challenger project and strong drilling progress at Tunkillia, underpinning an advancing feasibility study and a robust cash balance of $13.3 million.

Sunshine Metals reveals a robust Mining Study at its Liontown Project in Queensland, targeting shallow oxide gold with initial production of approximately 75,000 ounces of gold and 654,000 ounces of silver, generating an estimated net operating cashflow of $163 million. High-grade drilling results and a $202K government grant support ongoing exploration and development.

BMC Minerals has cleared a major regulatory milestone for its ABM Mine in Yukon and reported thick, high-grade massive sulfide intercepts at its Krakatoa Zone, supporting resource expansion and a 2027 Final Investment Decision target.

Eastern Resources (ASX:EFE) has activated the farm-in period for its Marengo Gold Project, marking a key milestone with fieldwork planned after Queensland’s wet season. The company maintains steady cash reserves and advances environmental assessments at its Nowa Nowa Iron Project.

Investigator Silver has locked in a robust Definitive Feasibility Study for its Paris Silver Project, backed by a strategic A$55 million placement to fast-track early works and financing.

Patriot Resources has dramatically expanded the Exploration Target at its Tassa Silver & Gold Project in Peru to between 559Moz and 774Moz silver equivalent, positioning it among the world’s largest undeveloped silver systems. A 4,000m drilling campaign is planned to convert this target into a formal Mineral Resource.

KGL Resources delivers a robust Baseline Economic Model for its Jervois Copper-Silver-Gold Project, highlighting a pre-tax NPV8 of A$1.226 billion and a 37% IRR, underpinning imminent project financing and construction plans.

Alliance Nickel’s maiden drilling at Australia United delivers encouraging gold grades, opening pathways for expanded exploration and a potential joint venture.