Latest Silver And Zinc News

Ballymore Resources is raising $3.24 million through a non-renounceable entitlement offer to fund drilling, geophysical surveys, and trial mining across key Queensland projects, including Dittmer and Ruddygore.

Asara Resources has appointed CEO Matthew Sharples as Managing Director, underscoring his leadership as the company pushes ahead with exploration at its flagship Kada gold project in Guinea.

Boab Metals has secured a A$236 million syndicated loan and final regulatory approvals, accelerating construction at its Sorby Hills Silver-Lead-Zinc Project with production on track for H2 2027.

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.

Middle Island Resources has completed its Phase 2 drilling at the Bobija polymetallic project in Serbia, reinforcing continuity of gold-silver-base metal mineralisation. Extensive soil sampling across Tisovik, Priboj, and Ober projects has identified multiple promising targets, with RC drilling planned pending land access approvals.

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.

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.

Broken Hill Mines (ASX: BHM) reported a strong March quarter with a 29% ore grade increase and a 52% jump in silver output, driven by ramp-up at Rasp Mine and advancing Pinnacles development. Operational cashflow rose 45% to A$2.4m amid cost reductions and a strategic partnership with Kingfisher Mining.

Rimfire Pacific Mining has confirmed significant gold and antimony mineralisation at its Windy Ridge prospect through resampling of diamond drill core dating back 40-50 years. The findings highlight a 600-metre mineralised corridor open at depth and near surface within the Broken Hill Base Metal Project.

Iltani Resources has unveiled outstanding assay results from the Link Zone between its Orient East and West deposits, highlighting significant silver-lead-zinc-indium mineralisation outside current resource estimates. The company is gearing up for an aggressive 2026 drilling campaign to expand and upgrade its largest known silver-indium deposit.

Boab Metals has secured a six-year diesel supply deal with Cambridge Gulf subsidiary CGL Fuel, ensuring fuel reliability for Sorby Hills as it advances toward production in late 2027.

Peel Mining has agreed to sell its South Cobar Copper Project to Aeris Resources, while spinning off its remaining Cobar Basin assets into a new ASX-listed company, Spectre Metals. Exploration highlights from the Southern Nights Complex and Nombinnie Prospect underpin the growth potential of the new entity.