Latest Observability News

FMR Resources has reported extensive mineralised intersections in drillhole 26LHDD073 at Target L within the Llahuin Project JV, highlighting promising porphyry copper-gold-molybdenum potential. Assay results are anticipated in June 2026, setting the stage for a focused Phase II drilling campaign.

ARN Media is confronting a substantial legal claim from former contractor Jacqueline Henderson, who alleges adverse action and bullying following her contract termination. The case also challenges previous ASX disclosures, with compensation sought exceeding $82 million.

Great Southern Mining has initiated deep diamond drilling at its Golden Boulder discovery in Western Australia, supported by government co-funding and a recent capital raise. This marks a pivotal step in exploring the source of multiple gold mineralisation trends within the Duketon Gold Project.

Australian Critical Minerals has commenced its first diamond drilling program at the Flint gold-silver project in Peru, targeting a large hydrothermal system. The company has also expanded its tenure close to the San Juan silver project, enhancing its exploration footprint.

TechGen Metals has reported a significant copper intersection of 20 metres at 1.14% Cu at its Mt Boggola Project, with further diamond core assay results pending and a follow-up drilling campaign in the works.

Morella Corporation has completed a 20-hole drilling program at its Mt Edon Rubidium-Lithium Project, intercepting thick, continuous pegmatite zones that bolster the case for a significant mineral resource. Assay results are awaited as the company moves toward a maiden Mineral Resource Estimate.

FMR Resources has completed a deep diamond drillhole at Target L within its Chilean Llahuin Project, intersecting extensive mineralised porphyry and stockwork breccia zones with visible copper and molybdenite sulphides. The results confirm a significant porphyry system beneath volcanic cover, setting the stage for targeted Phase II drilling.

Great Western Exploration is set to begin drilling nine copper-gold targets in the Yerrida Basin, backed by a $3.75 million capital raise and strong cash reserves. The campaign kicks off mid-April at the Oval target, which shows promising geological parallels to the nearby DeGrussa deposit.

Blue Star Helium has successfully raised A$10 million through an oversubscribed placement, positioning itself to accelerate production at its Galactica and Pegasus helium projects.

Aldoro Resources has reported a significant 50% increase in rare earth and strontium grades across a 525-meter continuous mineralised interval at its Kameelburg deposit in Namibia, reinforcing the project's scale and potential.

Botala Energy has commenced drilling its first commercial production well at the Serowe CBM Project in Botswana, marking a pivotal step toward large-scale gas production and regional energy supply.

Algorae Pharmaceuticals has launched a second collaboration with Peter MacCallum Cancer Centre to validate AI-predicted drug combinations across multiple cancer types, aiming to accelerate its drug development pipeline.