Latest Observability News

Boab Metals has successfully raised A$50 million through a two-tranche placement to fund key development milestones at its Sorby Hills silver-lead project, including asset acquisitions and early works.

Aureka’s latest drilling at the Irvine Project in Victoria has intercepted visible gold across multiple holes, hinting at significant high-grade potential and the prospect of expanding its current inferred resource.

Yandal Resources has confirmed a significant new gold discovery at its Arrakis Prospect with broad mineralisation over a 2.2km strike. Diamond drilling is set to commence imminently to further define the system.

Equity Trustees faces an expanded Federal Court claim from ASIC seeking compensation for superannuation members after a $73 million revaluation hit the Shield Master Fund. The trustee disputes liability and supports liquidation efforts to recover member funds.

PYC Therapeutics has reported encouraging pre-clinical results for its RNA therapy candidate PYC-002 targeting Phelan-McDermid Syndrome, supporting plans to enter human trials in 2026. The data demonstrate safety, brain distribution, and gene expression restoration in key disease regions.

Tambourah Metals has validated its high-grade gold potential at Beatty Park South with 1m re-sampling assays confirming exceptional grades up to 169g/t Au, underpinning ongoing exploration plans.

Elementos Limited has executed a binding option agreement to acquire half of Iberian Smelting SL, owner of the Robledollano Tin Smelter in Spain, setting the stage for the EU's first vertically integrated primary tin supply chain.

Unico Silver reports strong assay results from step-out drilling at La Negra SE, expanding mineralisation 100 metres southeast and revealing visible native silver and gold. A third drill rig is being mobilised to accelerate resource definition ahead of a November update.

Resource Minerals International Ltd reports impressive high-grade gold and silver assays from rock chip sampling at its Shaib Marqan and Wadi Salamah projects in Saudi Arabia, setting the stage for maiden drilling campaigns.

PainChek Limited has secured its first US customer, Jewish Home Family, just days after receiving FDA De Novo clearance for its AI-powered pain assessment app, marking a significant step into the $100 million US aged care market.

Litchfield Minerals has reported a significant copper-zinc sulphide intercept exceeding 100 metres at its Oonagalabi Project, with ongoing drilling targeting major geophysical anomalies that could expand the resource.

Infini Resources has significantly expanded its landholding at the Portland Creek Uranium Project in Newfoundland by 68%, staking 410 new mineral claims. Early drilling results reveal encouraging uranium and molybdenum mineralisation, setting the stage for further exploration.