Latest Silver Exploration News

Piche Resources has identified a broad gold-silver system at Toro Hosco in Argentina after completing its maiden 5,911-metre drilling campaign. The exploration progress came alongside a $5.27 million annual loss, $5.22 million operating cash outflow and reliance on post-year-end equity funding.

SQX Resources Limited (ASX:SQX) has emerged from a transformational year with two advanced US gold projects, broad shallow mineralisation at Red Bird and exceptional underground assays at Williams. The exploration gains came alongside a $1.83 million loss, falling cash and a further $2.47 million capital raising completed after year-end.

Riedel Resources has completed the equity-funded acquisition of the Cosmo and Mt Venn gold projects, expanding its exploration portfolio beyond Arizona. But the annual report carries a material going-concern uncertainty, leaving future drilling dependent on further capital and execution.

Mammoth Minerals expanded its Nevada exploration portfolio and drilled more than 21,000 metres at the Buster Trend, but its FY2026 report also highlights a material uncertainty over its ability to continue as a going concern. The company posted a larger loss and remains dependent on future equity funding to sustain exploration.

Kuniko has extended the interpreted Silica Hill mineralised system by about 100 metres, with drilling encountering a broad sulphide zone and veins up to 50 centimetres thick. The key test now shifts to laboratory assays, due in four to six weeks, ahead of a planned December 2026 resource upgrade.

Terrain Minerals has secured a $1 million commitment from Gandel Metals at a 33.33% premium to market, anchoring a broader $2.513 million placement and rights issue. The funds will support the company’s largest planned RC drilling campaign at the Lightning gold and silver project.

Olympio Metals has begun field exploration across its Jacknife and Raven silver projects in the United States, with drilling at Jacknife expected to start imminently. A replacement announcement also strengthens the company’s description of a historical foreign estimate, while making clear that the estimate remains non-JORC and requires fresh verification.

Argent Minerals has kicked off its first-ever drilling campaign at the Trunkey Creek Gold Project in New South Wales, targeting a priority zone within a 4.7km gold-mineralised corridor beneath historic workings.

Investigator Silver has reported extraordinary silver grades well beyond the current Paris Project pit limits, including an eye-watering 1m at 13,302g/t Ag, alongside discovery of a new silver-bearing system at Theseus. These results could significantly expand the project's resource base ahead of planned follow-up drilling.

West Coast Silver has raised $6 million through an oversubscribed placement, enhancing its capacity to advance exploration and development at the high-grade Elizabeth Hill silver project.

Rapid Critical Metals has reported exceptional silver assay results from its Webbs Silver Project in NSW, including a standout 4m at 1,230 g/t AgEQ intercept and a significant 300m southern extension of mineralisation. The company is accelerating drilling with a third rig and advancing resource growth plans.

Olympio Metals is set to acquire an 80% stake in the Jacknife High-Grade Silver Project in Idaho, leveraging patented mining claims and a local partner to accelerate exploration in a historically prolific silver district.