Latest Observability News

Bayan Mining reports significantly enhanced rare earth element grades from follow-up surface sampling at its Desert Star Project in California, paving the way for drilling approval and further exploration.

Stavely Minerals has reported promising reconnaissance drilling results at its Freddy’s Find Prospect in western Victoria, revealing multiple gold-silver zones within a large hydrothermal breccia system. These findings reinforce the potential for a significant epithermal discovery.

Belararox Limited has completed its inaugural diamond drill hole at Toro Central within the TMT Project in Argentina, intersecting extensive sulphide mineralisation and confirming a key geophysical target. A second drill hole is underway, aiming to extend promising silver, copper, and zinc mineralisation identified in historic drilling.

FBR Limited has secured a binding conditional purchase order worth AUD 990,000 from a leading US heavy equipment dealer for its Mantis welding robot, marking a significant milestone during its prototyping phase.

Litchfield Minerals has launched an Induced Polarisation survey to uncover concealed extensions of the Oonagalabi Formation, aiming to expand its mineral footprint southward and along key magnetic structures.

Mount Hope Mining has reported exceptional high-grade gold assays from rock chip samples at its Mt Solitary project, revealing visible gold and a promising mineralisation system analogous to the nearby Peak Gold Mine.

Adavale Resources has reported its best-ever gold intercepts from the London-Victoria mine, signalling strong potential for a significant resource upgrade. With further assay results pending and Phase 3 drilling imminent, the company’s exploration momentum is building.

Haranga Resources reports steady progress on its Lincoln Gold Project drilling program in California, despite weather-related dewatering setbacks. Initial assay tests validate the high-grade nature of the resource, setting the stage for an updated JORC-compliant resource estimate.

Pioneer Minerals has validated primary tungsten mineralisation at its Springfield Prospect in Idaho, revealing high-grade scheelite and gold assays that underpin a promising multi-phase mineral system. The project’s proximity to established processing infrastructure offers strategic advantages for future development.

Richmond Vanadium Technology Limited has responded to an ASX price query following a sharp rise in its share price and trading volume, confirming no undisclosed information is driving the activity and attributing the surge to broader market interest and improved liquidity.

Region Group has announced Greg Chubb as its new CEO and Managing Director, effective 9 March 2026, succeeding Anthony Mellowes who will step back from daily operations a day earlier.

Mesoblast has received encouraging feedback from the FDA on its cell therapy rexlemestrocel-L, showing meaningful pain relief and potential opioid use reduction in chronic low back pain patients. The company’s ongoing Phase 3 trial aims to confirm these benefits and advance regulatory approval.