Latest Asx News

Heavy Rare Earths Limited (ASX:HRE) is set to kick off its maiden drilling campaign at the South Ridge tin project in Prospect Hill, South Australia, following environmental approvals and cultural heritage clearances. The ~2,500m program aims to define a maiden resource against a backdrop of surging global tin prices and recent weather-related delays.

Botanix Pharmaceuticals has agreed to terms with Piramal to establish an alternate supplier for the active ingredient in Sofdra, aiming to reduce costs by up to 40% and strengthen its supply chain.

Catalyst Metals is nearing completion of open pit mining at Trident, paving the way for underground operations forecast to start in 2027. Grade control drilling confirms the deposit’s high-grade consistency, supporting plans to double gold production at the Plutonic Gold Belt.

88 Energy has bolstered its Alaska North Slope exploration with a substantial prospective resource update, fresh seismic data acquisitions, and a heavily oversubscribed A$5 million equity placement, setting the stage for its Augusta-1 well spud in early 2027.

Audalia Resources is set to raise $450,000 through a share placement aimed at funding critical mining design and permit work for its Medcalf Project, supporting its path toward development.

Peel Mining’s latest drilling at the Southern Nights Complex in NSW reveals substantial silver-zinc-lead intercepts and promising depth extensions, reinforcing the project’s growth potential ahead of a planned corporate restructure.

Hillgrove Resources has defined a significant Exploration Target for its Kanappa porphyry-style copper-gold prospect and secured environmental approval for a drilling campaign scheduled for mid-2026.

Silver Mines has delivered promising exploration results from its Calico North and Kramer Hills projects in California, with standout silver and barite assays supporting imminent drilling campaigns.

Radiopharm Theranostics has finished enrolling patients in its U.S. Phase 2b trial of RAD 101 for brain metastases imaging, reporting promising interim data showing 90% concordance with MRI. The company aims to launch a pivotal Phase 3 trial following a full data readout in June 2026.

Core Energy Minerals (ASX:CR3) has revealed significant rare earth element mineralisation at its Cummins Project in South Australia, highlighting broad zones of high-grade TREO with promising magnet rare earth oxide ratios and potential for in-situ recovery mining.

Castle Minerals has consolidated a dominant 184 km² landholding in Western Australia’s Murchison Gold District and advanced Côte d’Ivoire exploration toward drill-ready targets, supported by strategic leadership appointments.

Cygnus Metals has reported standout high-grade assay results from its Golden Eye deposit in Quebec, with gold equivalent grades reaching 105.5g/t over 1 metre. These results reinforce the continuity of mineralisation and point to potential expansion of the Indicated Resource at the Chibougamau Copper-Gold Project.