Latest Observability News

Nelson Resources has reported exceptional underground channel sampling results from its Orleans Mine in Nevada, revealing bonanza silver and high-grade gold mineralisation. The company is preparing to launch diamond drilling to test extensions beyond existing workings.

Ironbark Balanced Income Limited (ASX:IBC) has initiated a fresh on-market buy-back targeting up to 10 million shares, representing roughly 10% of its issued capital, set to run from July 2026 through July 2027.

Accelerate Resources has delivered promising shallow gold intersections from maiden drilling at the Fluffy Prospect, reinforcing the potential of its expanded Balagundi Gold Project near Kalgoorlie.

North Stawell Minerals (ASX:NSM) highlights a robust gold exploration pipeline in Victoria, anchored by an upgraded 87,300-ounce Wildwood resource and promising high-grade prospects along the Darlington-Caledonia trend.

Osmond Resources has confirmed a significant extension of high-grade critical mineralisation at its Orión project in Spain, with drill hole SOR-08A delivering standout assay results that expand the Southern Block resource target by over 4 square kilometres.

Ausgold Limited's latest drilling at its Katanning Gold Project reveals significant gold mineralisation 300 metres below the existing open pit resource, confirming strong down-plunge growth potential ahead of a resource update planned for Q4 2026.

Anson Resources has applied for 17 additional SITLA blocks adjacent to its Green River Lithium Project, potentially boosting its JORC resource by 18.4% without further drilling. The move aligns with plans to update the resource estimate by Q3 2026 and supports upcoming project financing efforts.

Perpetual Resources has completed its first on-site technical assessment of the Nevada Scheelite Tungsten Project, validating key geological features and historical infrastructure. Six rock chip samples have been collected for assay, with results awaited as the company advances its technical work program.

Nelson Resources has kicked off metallurgical testing on samples from its high-grade Orleans Mine and completed underground rehabilitation, setting the stage for a follow-up core drilling program to extend known mineralisation at the Gold Point Project in Nevada.

AuKing Mining has confirmed a widespread carbonatite system at its Tundulu Rare Earth Project in Malawi, intersecting carbonatite in 26 of 27 reverse circulation drill holes and setting the stage for diamond drilling to commence.

Elixir Energy’s Lorelle-3H appraisal well in Queensland’s Taroom Trough has completed its initial clean-up phase, delivering promising dual phase flow rates and preparing for a critical tubing run to stabilise production before resuming testing.

Astral Resources has revealed substantial deep diamond drilling results at its Theia Deposit, part of the Mandilla Gold Project, highlighting significant mineralisation both within and extending well beyond the current resource boundaries.