Latest Observability News

FMR Resources has boosted exploration confidence at its Los Warbos Project in Chile following a detailed helicopter magnetic and radiometric survey, alongside rock chip sampling that returned significant copper and silver grades.

HyTerra's McCoy-1 well production test in Kansas reveals low gas saturation but notable helium concentrations, prompting a pause on further testing at the site as the company refines its geologic hydrogen strategy.

Waratah Minerals has unveiled compelling reverse circulation drilling results linking its Alpine and Gazzards prospects to Spur and Consols, establishing a continuous 6km gold corridor in New South Wales. The findings highlight shallow, high-grade gold mineralisation and set the stage for diamond drilling in late 2026.

Benz Mining’s detailed drilling at Glenburgh’s Icon deposit reveals multiple NE-plunging high-grade fold hinge zones, boosting confidence in the project’s gold resource potential ahead of a maiden estimate in 2027.

Solstice Minerals continues to push the boundaries of its Nanadie copper-gold project in WA, reporting multiple wide, high-grade copper intercepts from recent drilling that extend mineralisation beyond the current resource estimate.

Torque Metals has hit fresh high-grade gold mineralisation outside existing resource boundaries at its Paris Gold Project in WA, signalling strong potential for resource growth.

Black Canyon Limited has reported robust assay results from its Wandanya Project in Western Australia, confirming shallow, high-grade manganese and iron mineralisation. The company is on track to deliver a maiden Mineral Resource Estimate by September 2026, with further drilling planned to expand the 9km mineralised system.

Lode Resources (ASX:LDR) delivered a maiden JORC Mineral Resource Estimate at Montezuma, revealing 8.2Moz AgEq of high-grade silver-antimony, alongside a new silver-zinc mineralisation system that broadens exploration potential.

Kaoko Metals has rapidly transitioned from IPO to active exploration in Namibia, securing key project acquisitions and fast-tracking maiden diamond drilling at its Chalkos Copper-Silver Project while confirming high-grade assays at Karibib.

Actinogen Medical’s pivotal XanaMIA Alzheimer’s trial stays on track for November topline results, buoyed by strong open-label extension enrolment and aligned EMA-FDA regulatory advice. A new antidepressant study publication and fresh patents add momentum, supported by a $16.7 million cash runway to mid-2027.

Mount Hope Mining delivered high-grade gold assay results and robust metallurgical testwork at its Mt Solitary project, advancing toward a maiden JORC resource with Phase 3 drilling imminent.

AusQuest has confirmed a continuous 1.5km copper-gold mineralised corridor at its Cangallo project in Peru, with broad intercepts and emerging high-grade zones. Diamond drilling has begun, revealing significant vertical extent and setting the stage for deeper exploration.