Latest Observability News

Blue Energy’s subsidiary Eureka Petroleum has been granted a 20-year production licence for the Sapphire gas project, enabling development of substantial certified gas reserves adjacent to existing infrastructure.

1414 Degrees has completed all technical milestones with Woodside, retaining full ownership of its SiBox technology and advancing commercialisation efforts in industrial decarbonisation and hydrogen.

Cosmo Metals has received regulatory approval to commence its first-ever drilling program at the Spring Creek prospect within the Bingara Project, aiming to unlock high-grade gold potential along a historically underexplored 12km trend.

Zeus Resources has identified multiple high-priority antimony targets at its Casablanca Project in Morocco, with geophysical surveys revealing anomalies extending beyond 200 meters depth. These findings set the stage for imminent trenching and drilling programs aimed at confirming substantial mineralisation.

Black Cat Syndicate reports promising early drilling results at its Paulsens West and Big Sarah gold projects in Western Australia, with mineralisation intersected and assays pending.

Elanor Commercial Property Fund’s Independent Board Committee has unanimously recommended rejecting Lederer Group’s unsolicited $0.70 per security takeover offer, citing significant undervaluation and strategic risks. The committee advises securityholders to take no action until a detailed target’s statement is released.

Cullen Resources Limited has completed the sale of its Wyloo iron ore royalty to Vox Royalty Corp for A$1.5 million in cash, while retaining a future payment right tied to mining commencement.

Beetaloo Energy reports steady progress on its Carpentaria-5H well, successfully completing hydraulic stimulation and entering a critical clean-up phase ahead of October’s IP30 flow test results.

Western Mines Group has completed diamond drill hole MTD030 at its Mulga Tank Project, intersecting extensive olivine cumulate ultramafic rock with multiple intervals of visible nickel sulphide mineralisation, including high-tenor blebs confirmed by spot pXRF readings up to 41.3% nickel. This confirms a dynamic komatiite system and reinforces the project's large-scale potential.

Mayne Pharma has publicly refuted recent media claims about plans to close its Salisbury manufacturing site, clarifying its position amid ongoing regulatory scrutiny of its Scheme transaction with Cosette.

Adavale Resources has reported promising shallow, high-grade gold intercepts from its maiden drilling program at the London Victoria Gold Mine, reinforcing the potential to expand its current resource base. The company is advancing with a magnetic survey and planning a second drilling phase to further delineate the deposit.

Hazer Group and First Graphene have signed a non-binding MOU to explore innovative applications for Hazer’s proprietary graphite, aiming to capitalize on rising global demand amid supply constraints.