Latest Observability News

ADX Energy’s HOCH-1 well has been deepened to 1619 metres, revealing six new thin gas sand intervals below the primary Hall Formation target. Wireline logging scheduled for 8 May will verify reservoir quality and gas saturation, with production testing to follow if results confirm the discovery’s potential.

Norwest Minerals reports strong metallurgical results from Bulgera, with gold recoveries up to 92% on coarse crushed samples, supporting a low-cost heap leach development pathway.

Regener8 Resources has closed its entitlement offer, raising $1.42 million to fund the acquisition and exploration of its Srebrenica North Project, with new shares set to begin trading next week.

Amplitude Energy has received the VIC/L37 production licence for its Annie gas field, setting the stage for first gas in 2028 to supply Australia's east coast market.

Desert Minerals has identified a significant north-northwesterly gold soil anomaly at its Mt Monger project, setting the stage for upcoming drilling to expand its existing JORC resource.

Lunnon Metals has delivered significant gold intercepts at its Paringa West prospect, including visible gold in reverse circulation chips for the first time, reinforcing the potential of the Paringa Gold Belt near its Lady Herial mine. Meanwhile, a second government co-funded drill hole is underway at the Plentiful prospect to better define host rock structures.

Evolution Energy Minerals (ASX:EV1) is set to start drilling at its Chikundo Copper Project in June 2026 despite assay delays, while progressing the Chilalo Graphite Project towards first production in October 2027 with a modular development plan and clear funding milestones.

Connected Minerals Limited (ASX:CML) confirms it disclosed its binding acquisition of Frontier Group CRM and associated $4.5 million capital raising promptly after finalising agreements, addressing ASX concerns over earlier market activity.

Stavely Minerals has confirmed significant gold-silver mineralisation at its Freddy’s Find prospect and plans deeper diamond drilling alongside new RC holes to explore a large-scale porphyry target nearby.

Catalina Resources has extended the mineralised strike at its Breakaway Dam Copper Project in WA to approximately 1.2 kilometres, delivering copper intercepts up to 2.17% Cu from recent drilling that confirms a structurally complex, copper-rich VMS system.

Peel Mining’s scheme of arrangement with Aeris Resources, coupled with the demerger of Spectre Metals, gains strong endorsement from an independent expert, positioning shareholders for exposure to both a copper producer and a zinc-focused explorer.

Judo Bank’s Q3 results show solid lending expansion, stable credit quality amid economic uncertainty, and reaffirmed FY26 guidance with a healthy capital buffer.