Latest Precious Metals News

Lithium Universe Limited (ASX: LU7) has reported laboratory success for its licensed GCDE technology, achieving over 99% gold recovery and 97% purity from chloride solutions and e-waste, positioning it as a greener alternative in precious metals extraction.

Metallium Limited has appointed key board members and executives to strengthen governance and operational capacity as it advances its Flash Joule Heating technology towards commercialisation in the US.

Midas Minerals has reported robust assay results from its first diamond drill hole at the Deblin deposit within Namibia’s Otavi Copper Project, revealing two substantial zones of high-grade copper sulphide mineralisation. The company is ramping up drilling efforts with plans to expand its rig fleet and expects further assay results later this year.

Galileo Mining has delineated two new PGM target zones at its Mission Sill prospect and uncovered a fresh gold prospect at Callisto South within its Norseman project, setting the stage for expanded drilling campaigns.

Patriot Resources has expanded its silver-gold footprint in southern Peru by staking the Tassa 5 tenement, increasing its landholding by 50% and pushing the mineralised corridor further south adjacent to its 31.4Moz AgEq inferred resource.

Pursuit Minerals has unveiled a comprehensive geological mapping study at its Sascha Marcelina Project in Argentina, defining a district-scale volcanic-hydrothermal system with five priority targets and setting the stage for maiden drilling from September 2026.

Black Bear Minerals’ re-analysis of historic drill core at Texas’s Shafter Silver Project reveals up to 147% higher silver grades and confirms polymetallic potential, prompting an expanded resource review and plans for a JORC upgrade.

ActivEX Limited has identified multiple high-grade gold, silver, and base metal targets from surface rock sampling at its Georgetown Project in Queensland, revealing promising prospects for further exploration.

Fitzroy River Corporation has appointed Argonaut Corporate Finance as exclusive adviser to test market interest in selling its Bowdens Silver Project royalty, with no sale decision yet made.

Future Metals NL has launched an updated Scoping Study for its Panton PGM-Ni-Cr Project, weighing a greenfield standalone operation against leveraging the idle Savannah processing facility to identify a cost-effective development route.

Kuniko Limited has secured A$1.30 million through a well-supported placement to advance its Commonwealth-Silica Hill gold-silver project in NSW, underpinning a Phase 2 drilling campaign targeting resource growth and exploration across a district-scale system.

Ardea Resources has reinforced the Kalgoorlie Nickel Project's Goongarrie Hub as a critical global nickel-cobalt source with a 6.1 million tonne contained nickel resource and a fully funded $98.5 million Definitive Feasibility Study backed by Japanese partners and multi-jurisdictional government support.