Latest Observability News

Hot Chili Limited has identified multiple new porphyry copper-gold targets adjacent to its La Verde discovery in Chile, signaling a potential district-scale mineral system. The company plans to advance exploration with phase-two drilling targeting these promising blind deposits.

Pivotal Metals Limited has updated its exploration findings at the Lorraine Prospect in Quebec, revealing a broad corridor of bonanza-grade gold mineralisation alongside significant copper and nickel targets. The company is accelerating fieldwork to define drill targets within this highly prospective greenstone belt.

Redstone Resources has secured $600,000 through a private placement to fund a deep drilling campaign at its West Musgrave Copper Project, aiming to uncover a potentially game-changing copper-nickel deposit beneath the Tollu veins.

Peak Minerals has expanded its Minta Rutile Project in Cameroon to a sprawling 540 square kilometres, confirming continuous high-grade rutile mineralisation and setting the stage for a potentially world-class deposit.

Somerset Minerals reports extensive copper mineralisation across its Coppermine Project in Nunavut, Canada, following initial surface sampling. A fully funded maiden drill campaign is set to commence in July targeting high-priority zones.

Pivotal Metals has identified exceptional high-grade gold targets at its Lorraine prospect in Quebec, revealing a vast gold-copper system previously overlooked amid copper-nickel mining. An aggressive exploration campaign is now underway to unlock this promising corridor.

Piche Resources has received formal environmental approval to begin its maiden drilling campaign at the Cerro Chacon gold-silver project in Argentina, targeting a 14 km mineralised corridor with 57 planned drill holes.

Barton Gold Holdings has raised $3 million through a premium-priced placement to fast-track resource upgrade drilling at its Tunkillia Gold Project, boosting its cash reserves to $9 million with minimal dilution.

Dateline Resources reports promising geochemical anomalies at its Colosseum Gold-REE Project in California, hinting at extensions to the known gold mineralisation and reinforcing rare earth element prospects.

Vulcan Energy has begun drilling the first new well for its Phase One Lionheart Project in Germany, marking a critical step toward expanding its renewable geothermal energy and lithium production capacity.

OncoSil Medical has secured $8.7 million through a placement and share purchase plan to fund commercialization of its pancreatic cancer treatment device, aiming for positive cash flow by mid-2026. Near-completion clinical trials could soon unlock broader market access.

Mt Malcolm Mines reports promising drilling results at Golden Crown and prepares for an infill program at Dumbarton, aiming to establish maiden resource estimates and advance towards production.