Latest Observability News

Island Pharmaceuticals has presented encouraging Phase 2a results for its dengue antiviral ISLA-101, demonstrating safety, effective blood concentrations, and meaningful viral load reductions at the Asia Dengue Summit.

Caprice Resources reports metallurgical testwork on its Vadrians deposit achieving up to 94% gold recovery via conventional gravity and CIL processing, supporting a low-cost extraction pathway at its Island Gold Project.

Trek Metals has kicked off its first Reverse Circulation drilling campaign at the Kuro manganese discovery near Christmas Creek, aiming to test the depth and extent of high-grade mineralisation identified at surface.

Sierra Nevada Gold (ASX: SNX) reports 60% completion of its Phase 1 drilling at the As Safra copper-gold project in Saudi Arabia, with promising geological signs and ongoing government backing.

Cooper Metals has completed site and heritage preparations to begin RC drilling at its Ardmore North and Attina prospects, both showing significant copper-gold anomalies. Drilling will test 2,000m of combined strike with assays pending from recent surface sampling.

Somerset Minerals has identified extensive copper mineralisation zones at its Coppermine Project in Nunavut, Canada, with a 17km Talisker anomaly near the Danvers deposit and high-grade assays extending Jura North's mineralised system. A maiden Talisker drilling campaign is set for July 2026.

Podium Minerals has confirmed a substantial vertical extension of its Parks Reef PGM deposit in Western Australia, with new drilling revealing strong platinum group metal and copper-gold mineralisation to depths of around 450-500 metres.

Botala Energy’s central production well 3.5B at the Serowe CBM Project in Botswana has completed key pre-stimulation steps, setting the stage for a multi-stage stimulation program and a 90-day flow test to evaluate commercial gas production potential.

Sunrise Energy Metals is injecting US$5 million into Agni Semiconductor, a US-based developer of aluminium scandium nitride (AlScN) ferroelectric diode memory technology, marking a strategic pivot into downstream semiconductor innovation linked to its scandium resources.

Right Resources has significantly enlarged its Blue tungsten prospect near Tumbarumba, NSW, confirming strong geochemical signatures and advancing metallurgical testwork to assess recovery potential.

Elixir Energy has successfully completed a key pressure test on its Lorelle-3H well in Queensland’s Taroom Trough, confirming reservoir conditions and increasing planned stimulation stages from 11 to 12. Stimulation operations are set to start imminently, aiming to prove commercial gas and condensate flow.

Galilee Energy has begun site preparation for its Zydeco-1 well in Louisiana, on track for a July 2026 spud targeting up to 8 billion cubic feet of gas and 0.5 million barrels of condensate.