Latest Observability News

Pro-Pac Packaging Limited has appointed voluntary administrators as it confronts financial distress, initiating a process to stabilise operations and explore strategic options including sale or recapitalisation.

Golden Horse Minerals’ maiden drilling at Hopes Hill North and South confirms a mineralised strike exceeding 2.5km, revealing shallow, high-grade gold zones and reinforcing a camp-scale opportunity in Western Australia’s Southern Cross region.

Early drilling results from the Llahuin Project’s Southern Porphyry target reveal encouraging copper-gold mineralisation and key geological indicators, validating the prospect’s potential for a major discovery.

Zenith Minerals has launched a significant reverse circulation drilling program at its Red Mountain Gold Project, revealing visible gold at depth and confirming a large, continuous gold system. The company is well-funded to accelerate exploration and aims to expand the mineralised footprint rapidly.

Torque Metals reports robust step-out drilling results at its Paris Gold Project in Western Australia, revealing multiple high-grade gold lodes extending well beyond current resource boundaries. New conductor plates identified by electromagnetic surveys signal significant exploration upside.

ASX Limited reaffirms its FY26 expense growth guidance while detailing progress on its five-year transformation and addressing regulatory challenges. Strong FY25 financial results and a robust market pipeline underpin the company’s outlook.

FMR Resources' maiden drillhole at the Southern Porphyry target within Chile’s Llahuin Project has intersected encouraging shallow copper-gold mineralisation, advancing towards a significant porphyry system at depth.

QMines Limited has completed an 8,600m drilling campaign at Develin Creek and initiated a 36-hole, 5,000m maiden drilling program at the high-grade Mount Mackenzie Gold-Silver Project, aiming to unlock significant resource extensions.

Sunshine Metals has completed a pivotal diamond drilling program at its Sybil gold project, revealing multiple high-grade gold intersections that bolster the prospect’s potential. The latest results highlight the presence of rich gold shoots within the A Vein and introduce a newly identified Splay Vein structure.

Lord Resources has reported promising diamond drilling results at its Ilgarari Copper Project, confirming and extending high-grade copper mineralisation. These findings pave the way for an expanded Phase 2 drilling program.

Red Sky Energy has completed the installation of the surface conductor at its Killanoola Oil Field, marking a significant step forward as it awaits final drilling program approval. The project’s substantial oil reserves and ongoing offtake discussions position it for potential near-term production growth.

Tali Resources has completed its initial drilling program at the West Arunta Project, with assay results due soon, following a successful $7.5 million IPO and extensive geophysical surveys.