Latest Observability News

GBM Resources has reported compelling high-grade gold intersections outside the current Mineral Resource Estimate at its Twin Hills project, reinforcing the potential for resource expansion as its aggressive 50,000m Stage 2 drilling campaign advances.

Patagonia Lithium has reported strong assay and porosity results from its Formentera project in Argentina, alongside a successful $2.79 million capital raise that lifts its cash position to $3.4 million. The company is advancing drilling, seismic surveys, and plans for a 1,000 tonne lithium carbonate demonstration plant.

Invion Limited is broadening its non-melanoma skin cancer trial to include basal cell carcinoma patients following encouraging safety and efficacy data from squamous cell carcinoma cohorts, targeting the largest skin cancer segment.

Mineral Resources has priced a US$1.3 billion senior unsecured notes offering to refinance higher-cost debt, reduce annual finance expenses by $48 million, and extend its weighted average debt maturity from 3.1 to 5 years.

Lachlan Star has secured a 90% stake in the New Waverley gold project, confirmed high-grade gold mineralisation, and launched a maiden diamond drilling program. A recent $7.47 million placement will accelerate exploration efforts in Western Australia’s Norseman district.

Ramsay Health Care has announced a fully franked distribution of AUD 3.3608 per security on its perpetual preference shares, subject to board approval by late August. The payment reflects a total annualised rate of 6.7%, linked to the 180-day BBSW plus a margin.

Caprice Resources has identified multiple new gold anomalies at its Island Gold Project, setting the stage for deeper drilling follow-up amid a 50,000m program underway.

Radiopharm Theranostics has reported encouraging initial results from the Phase 1 HEAT trial of its novel HER2-targeted radiopharmaceutical, 177Lu-RAD202, highlighting tumor uptake and a clean safety profile at the lowest dose with dose escalation approved.

Anson Resources reveals a 46% increase in effective porosity from historical core analysis at its Green River Lithium Project, alongside strong Drill Stem Test results that underpin an upcoming resource upgrade.

Aruma Resources has kicked off its maiden diamond drilling campaign at the Tillex Copper-Silver Project in Ontario, aiming to expand the known high-grade copper mineralisation and deliver a substantial resource estimate.

Australian Finance Group (ASX:AFG) reported a 22.7% lift in Q3 FY26 mortgage lodgements to $29.54 billion, marking its strongest March quarter despite rising interest rates and subdued refinancing activity.

Xenora Minerals has committed to the next stage of its Dudley Lithium Project earn-in, revealing new lithium anomalies using enhanced soil sampling techniques. Meanwhile, the company navigates a key leadership change with a new managing director appointed.