Latest Observability News

Elanor Commercial Property Fund’s Independent Board Committee unanimously recommends rejecting Lederer’s unsolicited $0.70 per security takeover bid, supported by an Independent Expert’s report deeming the offer neither fair nor reasonable.

Schaffer Corporation has pulled its first-half profit forecast for its Automotive Leather division following a major cyber-attack on Jaguar Land Rover that halted production. The incident casts uncertainty over short-term sales and profitability.

Lightning Minerals has completed its first drilling campaign at the Esperança lithium project in Brazil, intersecting multiple thick pegmatite zones that hint at promising lithium potential despite currently low grades.

Advance Metals Limited has reported significant upgrades to gold grades at its Happy Valley Prospect in Victoria, Australia, following a re-assay program using the more precise screen fire method. Ongoing drilling aims to extend mineralisation deeper and along a broader regional trend.

Mammoth Minerals reveals a major deep-seated intrusive target at its Picha Copper Project in Peru, supported by advanced geophysical surveys under the BHP Xplor program. This finding aligns with surface copper mineralisation and sets the stage for refined exploration.

Somerset Minerals reports strong visual copper mineralisation from its Phase-2 drilling at the Coppermine Project, Nunavut, with assays pending. Concurrent geophysical and geochemical surveys aim to unlock multiple copper discoveries across its extensive landholding.

Tempest Minerals has launched an auger sampling program at its Range Project in Western Australia, complementing imminent reverse circulation drilling targeting promising gold zones. This marks a significant step in refining drill targets following encouraging rock chip results.

North Stawell Minerals (ASX – NSM) advances drilling at its North Stawell Gold Project, revealing promising high-grade gold intercepts and a robust exploration pipeline near the historic Stawell mine.

Yandal Resources has reported significant new reverse circulation drilling results at its Arrakis Prospect, extending the gold mineralisation by 400 metres and confirming continuity over a 2.2km strike. Follow-up diamond drilling and heritage surveys are set to further define this promising discovery in Western Australia.

Rewardle Holdings has arranged a $2 million revolving standby debt facility with Temorex, secured by its CloudHolter shares, offering fresh working capital and flexible fee payment options.

Green Critical Minerals has locked in a $5.2 million underwriting agreement to support the exercise of its expiring options, reinforcing its commercialisation strategy for innovative VHD graphite technology.

Zeotech Limited has signed a non-binding MOU with construction giant Laing O’Rourke to trial its innovative low-carbon AusPozz™ metakaolin in live infrastructure projects, aiming to validate and accelerate the commercial adoption of sustainable building materials.