Rapid Critical Metals has reported ultra-high-grade silver intercepts at its Webbs project in NSW, including 4m at 2089g/t silver. Drilling has successfully extended mineralisation 300m south and 117m north of the existing resource outline.
Rapid Critical Metals Limited has announced exceptional high-grade silver drill results from its Webbs Silver Project, headlined by 4m at 2,089 g/t Ag (2,334 g/t AgEQ) from 24m in WSRC0033, including a bonanza intercept of 1m at 6,060 g/t Ag. These results extend mineralization over 100m north and 300m south of the existing resource outline, with both extensions remaining open. The company is increasing its drilling fleet to four rigs and has identified new soil anomalies and exploration targets, indicating significant growth potential for the project.
Polymetals Resources reported September quarter production below plan due to a 10-day ventilation upgrade and a transition to contract mining labour. However, development has commenced on the high-grade Upper Main Lode (UML), and early October results indicate improving momentum.
Silver Mines released community survey results showing strong local support for the Bowdens Silver Project, particularly in nearby towns. The research comes ahead of a key Independent Planning Commission (IPC) public hearing scheduled for mid-October.
New Age Exploration Limited has completed Phase 1 drilling at its Wallah Silver Project in NSW, logging a broad zone of alteration and sulphide mineralization visually wider than previously known. The single drill hole intersected multiple vein sets with pyrite, sphalerite, galena, and minor chalcopyrite. Assay and downhole geophysical results are pending and expected in Q4 CY26, which will inform future drilling plans.
Silver Mines Limited's investor presentation details the robust Definitive Feasibility Study (DFS) for its Bowdens Silver Project in New South Wales, Australia, confirming significant silver, zinc, and lead resources and reserves, a 26-year mine life, and strong financial metrics. The project's Ore Reserves have increased to 93.5 Moz Ag, and recent royalty buy-backs are expected to reduce the life-of-mine All-In Sustaining Costs (AISC). The permitting process is advancing, with a public hearing scheduled and a decision anticipated by December 2026. The presentation also includes historical gold drill results from the Kramer Hills project in the US, highlighting exploration potential.
Silver Mines Limited's annual report highlights a year of substantial progress, driven by a Definitive Feasibility Study for its Bowdens Silver Project that confirmed robust economics and a significant increase in Ore Reserves to 93.5 million ounces of silver. The company also reported a record-breaking high-grade silver drill intercept, expanded its portfolio with strategic acquisitions in North America, and successfully completed capital raises to fund ongoing development and exploration. Regulatory approvals for Bowdens are advancing, with a final determination anticipated by year-end 2026.
Polymetals Resources Ltd announced the final assay results from its Upper Main Lode drilling program at the Endeavor silver-zinc-lead mine in New South Wales. The program successfully defined a new Mineral Resource, but these latest results focus on a shallower, oxidised and supergene zone. While some high-grade intercepts were reported, this zone exhibits high grade variability and significant core loss, and is currently excluded from the Mineral Resource estimate, though it will be assessed for potential direct shipping ore.
Argent Minerals has reported high-grade silver intercepts, including 18.2m at 187.3 g/t silver, extending beyond the Lode 100 resource boundary at the Kempfield project. The drilling campaign also confirmed polymetallic mineralisation in the Gap between Lodes 100 and 300 and identified extensions at Lode 200.
Silver Mines has secured $70 million in capital through a two-tranche placement to fund the Bowdens silver project's approvals and engineering. The funds will also be used to buy back two private royalties, simplifying the project's commercial structure ahead of potential mine financing.
