Latest Asx News

Australian Oil Company Limited has secured full control over key Sacramento Basin assets by acquiring Xstate USA Corporation, enhancing its exploration potential amid favorable regulatory shifts in California.

Xstate Resources has exited its Californian gas interests, transferring production and liabilities to Australian Oil and Gas Co, as it pivots to concentrate on its promising Diona project in Queensland.

Audeara Limited has secured its largest-ever Australian wholesale purchase order worth $560,000, driving year-to-date wholesale revenues to $1.75 million and matching full FY25 figures. The company is also expanding manufacturing into China, signaling growing international ambitions.

Evolution Energy Minerals reports steady progress in its soil sampling program at the Chikundo Copper Project in Tanzania, with over 600 samples collected to date as it advances toward a 2026 drilling campaign.

Regis Resources’ latest exploration update reveals strong drilling results across key targets at Duketon and Tropicana, underscoring significant growth potential and resource extensions.

Winchester Energy has raised $300,000 through a share placement led by CPS Capital, with key insiders participating subject to shareholder approval. The funds aim to fuel growth evaluations and support working capital.

Enova Mining’s latest auger drilling results at CODA East and Central in Brazil reveal widespread, near-surface deposits of titanium oxide, rare earth elements, and niobium, underscoring the project’s growing strategic importance.

GoldArc Resources has secured a strategic partnership with BML Ventures to fast-track the Mt Stirling Project, backed by a $2.5 million non-dilutive funding facility that supports both development and broader exploration.

Discovery Alaska Limited has secured an option to acquire a 100% interest in the Boulder Creek Gold-Silver Project in Idaho, positioning the company for growth amid record precious metal prices.

Great Boulder Resources reports exceptional high-grade gold intersections at its Side Well Gold Project, advancing resource estimates and drilling programs across multiple deposits.

Yandal Resources reports compelling diamond drilling results at the Arrakis Prospect, revealing significant gold mineralisation at depth and along a 2.2km strike. Accelerated drilling and new infrastructure aim to fast-track exploration in 2026.

Matrix Composites & Engineering has fully redeemed its $7.5 million convertible note, replacing it with a new term loan facility from NAB that offers improved terms and a streamlined debt structure.