Latest Observability News

Emperor Energy has raised $3.7 million through a share placement to advance the Judith-2 appraisal well in Victoria’s Gippsland Basin, backed by independent resource validation and strategic infrastructure proximity.

Perpetual Resources has intersected over 200 meters of continuous lithium-caesium-tantalum pegmatite at its Igrejinha Project in Brazil, revealing promising signs of strategic caesium mineralisation alongside lithium. Initial assay results are expected soon, with further drilling underway to expand the discovery.

Sunshine Metals has launched fieldwork and plans drilling at its Sybil gold project in Queensland, revealing promising geological signs and historic high-grade samples that hint at significant gold potential.

FMR Resources has completed detailed geological mapping and historic drillhole re-logging at its Southern Porphyry target in Chile, confirming surface indications of a copper porphyry system and setting the stage for drilling in late 2025.

Olympio Metals has expanded its diamond drilling program at the Bousquet Gold Project in Quebec, targeting the Amadee Prospect adjacent to the high-grade Paquin zone. The move aims to explore a potentially continuous gold-bearing structure with assay results expected soon.

Lakes Blue Energy has secured all regulatory approvals to begin drilling the Wombat-5 well in Gippsland, aiming to tap a significant gas resource with potential to ease Victoria’s looming supply crunch.

BlackRock Investment Management has announced an estimated distribution of 54.87 cents per unit for its iShares Edge MSCI Australia Multifactor ETF for the fiscal year ending June 2025, providing detailed tax component breakdowns to assist investors and intermediaries.

Sports Entertainment Group (SEG) is set to become the sole broadcaster of all three Victorian racing codes after agreeing to acquire RSN’s brand and broadcasting assets for $3.25 million.

Ballymore Resources has doubled the strike length of its Dittmer gold corridor to 4km, uncovering significant high-grade gold anomalies in previously unexplored areas south of the historic mine.

DY6 Metals has significantly expanded its Central Rutile Project in Cameroon by acquiring six new exploration licences, more than doubling its landholding and positioning itself in a globally emerging rutile province.

Latitude 66 Limited’s recent drilling at the Edjudina Project confirms gold mineralisation at the Colossus Prospect, highlighting a significant mineralised corridor and setting the stage for deeper exploration.

Askari Metals has acquired full ownership of the advanced Nejo Gold Project in Ethiopia, positioning itself in a prolific gold-copper region with significant exploration upside. The company plans systematic drilling to validate historical high-grade results and fast-track a maiden JORC resource estimate.