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The latest update is out from Piche Resources Limited ( (AU:PR2) ).
Piche Resources has launched a maiden 8,500-metre reverse circulation drilling campaign at its Cerro Chacón gold–silver project in Argentina, completing 1,697 metres across 17 holes in December before a seasonal pause, with work resuming in January 2026 to test a 14-kilometre mineralised corridor and refine priority targets for follow-up drilling. The company reported strong environmental and rehabilitation performance at its Argentine and Australian sites, an oversubscribed A$2 million equity placement completed at a premium, and continued low-level field work at the nearby Sierra Cuadrada uranium project, underscoring a strategic focus on Cerro Chacón as its near-term exploration priority.
The most recent analyst rating on (AU:PR2) stock is a Hold with a A$0.16 price target. To see the full list of analyst forecasts on Piche Resources Limited stock, see the AU:PR2 Stock Forecast page.
More about Piche Resources Limited
Piche Resources Limited is a mineral exploration company focused on gold, silver and uranium projects in Argentina and Australia. Its key assets include the Cerro Chacón gold–silver project and the Sierra Cuadrada uranium project in Chubut Province, where it is advancing early-stage exploration along prospective mineralised corridors.
Average Trading Volume: 166,107
Technical Sentiment Signal: Buy
Learn more about PR2 stock on TipRanks’ Stock Analysis page.