Terra Metals Ltd (ASX:TM1, FRA:21V) says drilling at its Dante Project in Western Australia has confirmed a large, thick titanium–vanadium–gallium discovery at the SW3 and SW4 prospects, significantly expanding the scale and metal mix of the Southwest corridor.
Results from recent reverse circulation drilling show the SW3–SW4 system now extends over more than 800 metres of strike and at least 400 metres of width from surface, with individual high-grade oxide reef packages reaching up to 60 metres thick. Terra says this is around 11 times thicker than the basal reef that underpins the current 148-million-tonne Mineral Resource Estimate at Dante Reefs 1 and 2.
Aruma Resources Ltd (ASX:AAJ) has completed the acquisition of the high-grade Tillex Copper-Silver Project in the Tier-1 Timmins mining district of Ontario, Canada, marking a key step in the company’s strategy to build exposure to copper assets in established North American mining jurisdictions.
Settlement has now been finalised for all four patent claims that make up the Tillex Project, with legal title formally transferred to Aruma. The claims are held under a combination of agreements with Canadian-listed Metals Creek Resources Corp (TSX-V: MEK) and private landholders, resulting in Aruma securing control of the entire project area.
D3 Energy Ltd (ASX:D3E, OTCQB:DNRGF) has been granted a new Technical Cooperation Permit (TCP273) in South Africa’s Free State Province, expanding its position in what it describes as a world-class helium province.
The newly awarded TCP273 sits adjacent to the company’s existing exploration holdings and application areas, including its flagship Exploration Right (ER315). D3 has already applied for an initial Production Right over part of the ER315 area.
NextSource Materials Inc. (TSX:NEXT, OTCQB:NSRCF) has announced plans for a private placement offering of units to raise gross proceeds of approximately C$25 million, with funds expected to support development of its United Arab Emirates battery anode facility, update its Molo technical report, and for general corporate purposes.
The company said it has engaged Stifel Canada as lead agent and sole bookrunner, with Maxim Group acting as co-agent, for a “best-efforts” offering of about 58.8 million units priced at C$0.425 per unit. Each unit will consist of one common share and one-half of one common share purchase warrant.
Cavendish Securities reiterated its 'buy' rating and 21.8p target price for 88 Energy Ltd (AIM:88E, ASX:88E, OTCQB:EEENF, FRA:POQ), highlighting the increased potential of the company’s Namibian acreage following positive regional drilling results.
The recent Kavango West-1X well, drilled by a separate operator, confirmed meaningful net pay and hydrocarbon shows, and will now progress to production testing.
European Lithium Ltd (ASX:EUR, OTCQB:EULIF) has reported a fresh set of high-grade drilling results from the Tanbreez Rare Earths Project in southern Greenland, highlighting expanding mineralisation across multiple zones and reinforcing the project’s scale and long-term development potential.
The results, drawn from the final assays of the 2025 drilling campaign, cover both the established Fjord Deposit and a newer target known as Area B, located immediately east of the Hill Zone Deposit.
Acusensus Ltd (ASX:ACE) has secured an expansion and extension to its multi-function enforcement services agreement with the WA Road Safety Commission, doubling the number of trailer-based enforcement units contracted under the deal originally signed in October 2024. The company expects the incremental value associated with the contract variation and contract extension (prior to any variable elements) to total about $13 million, excluding GST.
The variation includes six additional trailer units to be progressively deployed from July to September 2026, with two units already operating since November 2025, as Acusensus broadens regional coverage across Western Australia.
Samsung Electronics (KRX:005930) is back in the headlines this week as investors and AI hardware makers parse fresh reports that it is poised to accelerate production of next-generation high-bandwidth memory (HBM) chips.
According to a Yonhap News Agency report, Samsung is preparing to begin mass production of its sixth-generation HBM4 memory chips as early as this month, with plans to ship them into the supply chain for Nvidia’s next-generation AI accelerators possibly by next week.
RaaS continues to see Provaris Energy Ltd (ASX:PV1, OTC:GBBLF, FRA:WS90) as a "unique investment opportunity" into the "clean and green" energy sector and is framing 2026 as a year where the company needs to deliver clear technical milestones to reduce risk and move closer to commercial outcomes. The broker’s focus remains on two tracks: Provaris’ compressed hydrogen storage pathway and a separate LCO2 tank opportunity, where FEED and fabrication work are the near-term markers of progress.
"As we see it, Provaris Energy Ltd (ASX.PV1) continues to represent a unique investment offering into the ‘clean and green’ energy sector, and the complementary carbon capture and storage business, through its proprietary storage tank designs. On success, the innovative designs as proposed should be viewed as a disruptor technology that can instigate and support a materially positive change to energy supply-chains and the economics of CO2 transport — simply on the basis of shipping 'more for less' cost. We view 2026 as the year to complete deliverables in both the hydrogen and LCO2 streams and note the recent ASX release, that it has '…successfully completed the Phase 1 delivery of LCO2 Tank FEED (…) on time and within budget'.
Ordell Minerals (ASX: ORD) has reported further reverse circulation results from its Barimaia Gold Project near Mount Magnet in WA, saying drilling continues to define a consistent, shallow zone of gold mineralisation at the McNabs East prospect.
The latest assays are from RC drilling completed in December 2025 over about 400 metres of strike, testing to a maximum vertical depth of about 90m, with mineralisation starting about 10 metres below surface and showing potential open pit geometry.
Omega Oil and Gas (ASX: OMA) has been awarded a large new land parcel in Queensland’s Taroom Trough, extending its operated position over the basin’s eastern flank and setting up what the company is pitching as a major 2026/27 drilling campaign.
The Queensland Government granted the 750 sq km block (PLR2025-1-9) to an Omega-led joint venture with Tri-Star E&P and Beach Energy following a competitive tender process. Omega will hold 45% and operatorship, with Tri-Star on 30% and Beach on 25%.
Cannindah Resources Ltd (ASX:CAE) has started a resource expansion drilling program at its Cannindah Breccia copper-gold deposit in central Queensland, targeting what it believes could be a higher-grade “Gap” zone within the existing 14.5Mt at 1.09% CuEq Mineral Resource Estimate.
The Gap is a 275-metre-long section within the broader 600 metre breccia strike where a combination of lower drill density, earlier sub-optimal drill orientations that did not adequately test the high-grade footwall structure, and historical sampling omissions due to high-grade cut-offs has created an apparent void in the current resource model.
The Australian Investment Council (AIC) has elected Allegro Funds founding partner Chester Moynihan as board chair, replacing outgoing chair Alicia Gregory who has retired from the role after four years.
Moynihan, who joined the AIC board in November 2017, is a founding partner at private equity manager Allegro Funds. He co-founded the firm in 2004 and has a 35-year career spanning private equity, corporate advisory and executive management.
Novo Resources Corp (TSX:NVO, OTCQX:NSRPF, ASX:NVO, FRA:1NOR) has delineated multiple compelling exploration targets at its Wyloo gold–silver–antimony project in the southern Pilbara, paving the way for the company’s first reverse circulation (RC) drilling campaign at the emerging polymetallic system.
Recent soil and stream sediment results have expanded key anomalies at both the Wyloo SE and Wyloo SW prospects, with strong multielement geochemistry highlighting prospective corridors for systematic testing in 2026.
Far East Gold Ltd (ASX:FEG) has resumed diamond drilling at its Mount Clark West (MCW) copper-gold target in Queensland after wet-season rainfall disrupted operations in December and January.
The company said it is now drilling the second diamond hole in a planned 2–3 hole program, with each hole designed to test defined geophysical targets to a depth of 600 metres. Drilling had been paused due to access constraints and site conditions associated with seasonal rainfall, but Far East Gold said logistics and land access had since stabilised.