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The latest announcement is out from ACDC Metals Ltd ( (AU:ADC) ).
ACDC Metals has signed an agreement to earn up to a 100% interest in the Mount Jackson gold-silver project in Nevada’s Walker Lane district, securing 48 lode mining claims with additional staking planned. The low-sulfidation epithermal system hosts multiple prospects and drill-ready targets at Pegasus, where historical drilling has returned significant gold intercepts, and the project sits near major operations such as Kinross’s Round Mountain and AngloGold Ashanti’s regional projects.
The company has structured the deal with low upfront costs and milestone-based earn-in expenditure, and it has raised A$0.935 million via a strongly supported placement, with a 1-for-3 rights issue to follow seeking up to A$1.56 million. Management says this funding will support Nevada exploration, including airborne geophysics this quarter and drilling planned for the second half of 2026, while also advancing the Goschen Central rare earths project and the White Hills gold exploration licence in Victoria, reinforcing ACDC’s dual focus on gold and rare earths growth.
More about ACDC Metals Ltd
ACDC Metals Ltd is an ASX-listed exploration company focused on gold, silver and rare earths, with key projects in Nevada, U.S., and Victoria, Australia. The company aims to build a diversified portfolio by advancing epithermal gold-silver assets in tier-one jurisdictions while progressing rare earths development in response to strengthening demand and supply chain opportunities.
Average Trading Volume: 137,692
Technical Sentiment Signal: Buy
Current Market Cap: A$4.42M
For an in-depth examination of ADC stock, go to TipRanks’ Overview page.