METALS AND MINING
West African Resources’ (ASX: WAF) diamond drilling delivered thick zones of high-grade mineralisation beneath the Ore Reserves at M5 South underground at its Sanbrado Gold Operations in Burkina Faso, including 27m at 6.7 g/t Au while infill drilling returned 29m at 16.4 g/t Au and 39m at 5 g/t Au. The results confirm potential for significant Ore Reserve growth, with drilling to continue throughout 2026.
AuKing Mining (ASX: AKN) expanded the interpreted carbonatite footprint at its Tundulu Rare Earths Project in Malawi, with step-out drilling confirming carbonatite intersections across Nathace Hill, Kamilala Hill and Tundulu Hill. More than 3,850m of RC drilling has now been completed, with carbonatite intersected in 26 of the first 27 holes, supporting the potential for a district-scale rare earth system. Diamond drilling is set to commence later this month, while assay results are pending. Covered by Stockhead & Mining.com.au.
Iltani Resources (ASX: ILT) commenced testing regional targets across the Herberton Project after a drill rig completed planned holes at the Orient Silver-Indium Project in north Qld. ILT has completed 71 drill holes in the 2026 field season at Orient and further assay results are expected over coming weeks. ILT has applied for vacant ground in North Qld and is the priority applicant for EPM 29521, EPM 29522, and EPM 29524, which are highly prospective for gold, silver-base metals, and tungsten, with licences expected to grant over coming months.
Raptor Metals (ASX: RAP) received final assay results from three remaining diamond drill holes of its maiden 19-hole, 2,126m drilling program at the Chester Copper Project in Canada. The assays delivered multiple shallow, continuous copper intersections, highlighted by some of the broadest and highest grade intercepts of the 2026 drilling program including: 16.0m @ 1.26% Cu from 62m, including 5.0m @ 2.25% Cu from 66m; 16.4m @ 1.12% Cu from 84m, including 3.0m @ 2.02% Cu from 93m and 14.07m @ 1.04% Cu and 9.54g/t Ag from 83m, including 2.07m @ 2.09% Cu and 46.25g/t Ag from 92m and 16.0m @ 0.59% Cu from 24m, including 1.0m @ 4.07% Cu and 12.8g/t Ag from 30m.
Recharge Metals (ASX: REC) strengthened its gold exploration footprint, entering a binding agreement to acquire three highly prospective mining leases adjacent to its Sunset Well Project in WA. Recharge now controls 15km of the Prospero Trend and gains multiple drill-ready gold targets immediately along strike of our existing 94,500oz Prospero Resource.
Evergold Minerals (ASX: EG1) received the final assay results from its maiden 2026 reverse circulation (RC) drilling program at the Mt Monger Gold Project in WA, further confirming broad zones of high-grade gold mineralisation at the Duchess of York Prospect. The latest results include an exceptional intercept of 25m at 3.47g/t Au from 3m, including 1m at 52.74g/t Au from 9m in hole MM26RC0005 - the highest-grade intercept ever returned from Duchess of York. Covered by The Market Bull.
Western Ridge Resources (ASX: WRX) reported an initial Exploration Target of 7.9 to 14.5 million ounces silver for the Keystone Mine, part of its broader Keystone Project in Nevada, USA. The recent 500% growth in Western Ridge’s landholding in the area, coupled with preliminary sampling results, offers significant upside to build on the Exploration Target through systematic and structured exploration. The company is planning its Phase 2 drilling program at Keystone. Covered by Australian Resources and Investment.
Krakatoa Resources (ASX: KTA) reported visible antimony mineralisation from the first drill holes of its 2026 diamond program at the Zopkhito Antimony-Gold Project in Georgia. Initial drilling confirmed the continuity of the historical antimony-bearing vein system, with multiple zones of visual stibnite mineralisation intersected, including a 2.86m interval containing a 0.6m section of massive quartz-stibnite with visual estimates of approximately 50% stibnite. Covered by Mining.com.au and Proactive.
Locksley Resources (ASX: LKY) has advanced DeepSolv™ technology through the Rice University collaboration, with results demonstrating recovery of both antimony oxide and metallic antimony products from ore and concentrates. Locksley has produced recovered products grading approximately 91% to 96% Sb from antimony concentrates, with the next phase focused on process optimisation, solvent recyclability, pilot scale evaluation and downstream product assessment.
Western Yilgarn (ASX: WYX) completed a review of its Ida Holmes Junction Project in WA, identifying several gold targets it intends to prioritise in an upcoming exploration program. Historically explored for uranium and nickel, the Ida Holmes Junction Project has not been systematically assessed for its gold potential. The integration of modern geophysical datasets, geological interpretation and surface reconnaissance has confirmed the presence of key structural and geological features analogous to those associated with the Norseman–Wiluna Greenstone Belt, highlighting the project's gold potential. Covered by The Australian and Australian Resources & Investment.
Perpetual Resources (ASX: PEC) completed a maiden site visit to the Nevada Scheelite Tungsten Project in Mineral County, Nevada, USA. The site visit comprised a systematic inspection of the project area, including historical mine infrastructure, exposed surface geology, key structural features, and first-pass rock chip sampling. Discussed in Stockhead.
INDUSTRIAL
BPH Global (ASX: BP8) reached another milestone in its Indonesian seaweed trading business with the completion of its first direct commercial shipment of raw seaweed to China. For the trading period 15 May – 30 June 2026, the Company reported gross sales of approximately A$535.9K, bringing aggregate gross sales since commencing Indonesian seaweed trading operations to approximately A$3.87M. The period also saw improved trading margins supported by higher seaweed prices and a return to normal dry season operating conditions.
BIOTECH
EMVision (ASX: EMV) advanced its portable brain scanner technology toward FDA De Novo clearance and commercialisation during the June quarter. Key progress included strong recruitment momentum in the Pivotal (Validation) Trial for the emu™ bedside device (with plans to add ischaemia detection for broader utility), successful completion of the RFDS aeromedical First Responder feasibility study showing excellent usability, and advancement of the emu™ Regional Benefits Study for launch in 2H CY26.
Chimeric Therapeutics (ASX: CHM) reported encouraging new interim Phase 1 data from the highest dose cohort of its CHM CDH17 CAR-T trial, with tumour shrinkage of 17% to 40% observed in two patients and stable disease maintained for six months and four months, respectively. Four patients have now been treated at Dose Level 3 (450 million CAR-T cells), with no new safety signals reported since the previously disclosed dose-limiting toxicity. A fifth patient is expected to be dosed in the coming weeks, with the final patient anticipated by the end of 2026, subject to funding.
Vectus Biosystems (ASX: VBS) formally engaged Cardinal Health Regulatory Services (CHRS) as its US Regulatory Agent, which will act as the primary point of contact for all FDA-facing regulatory activities for Vectus’ lead compound, VB0004, and, potentially, its other pipeline assets as they advance. Under the engagement, CHRS will facilitate and prepare all FDA-facing communications, interactions and submissions on behalf of the Company, including the Orphan Drug Designation Request, pre-Investigational New Drug (pre-IND) communications and the IND application for VB0004 in idiopathic pulmonary fibrosis (IPF).
OIL & GAS
Condor Energy (ASX: CND) has completed an independent Development Concept and Feasibility Study for its Piedra Redonda gas discovery offshore Peru, confirming the project can be developed via a simple, conventional shallow-water platform tied back to shore. Managing Director Serge Hayon said the study supports ongoing gas sales negotiations, strategic partnering, financing and Licence Contract progression as Condor advances towards FEED.
RENEWABLE ENERGY
Hazer Group (ASX: HZR) has reached a battery-grade milestone, with independent testing by Dorfner Group's ANZAPLAN confirming Hazer graphite purified to over 99.99%. The result supports higher-value applications including battery conductive agents and anode material, with electrochemical validation testing set for 2H 2026. CEO Glenn Corrie said the milestone significantly lifts the odds of entering the battery market, alongside ongoing progress in concrete, asphalt, steelmaking and water treatment. Covered by Australian Manufacturing.
TECHNOLOGY
Etherstack (ASX: ESK) released a positive half-year FY26 trading update, reporting record unaudited H1 revenue of US$8.5 million at the upper end of guidance, up 39% year-on-year and representing over 80% of FY25’s full-year record.The company highlighted a strong order book boosted by new contracts with Australian Border Force, UK Home Office, and North American partners, and noted growing ARR with recurring support revenues expected to exceed US$5m. New CaaS revenues have commenced and are projected to scale significantly by FY2028 with the UK project.
AGRICULTURE
RLF AgTech Ltd (ASX: RLF) has hit a commercial milestone for its Axioma Biologicals range, with a major Australian grain grower significantly expanding adoption after a three-year program spanning cereal and canola. Results delivered positive yields across most paddocks, strongest in wheat. RLF plans to replicate the model with other growers while evaluating Australian manufacturing. CEO Stuart Upton said the results prove a repeatable commercial pathway for the product.
CORPORATE NEWS
AuKing Mining (ASX: AKN) secured A$5 million through a strongly supported share placement to accelerate exploration at its Tundulu Rare Earths Project in Malawi. Proceeds will fund an expanded drilling program, including mobilisation of a diamond drill rig later this month, following encouraging early drill logging, while the company has also received approval to export its first batch of drill samples for assay, with strong newsflow expected throughout 2026. Covered by The Australian
Charger Metals (ASX: CHR) agreed to sell its 100%-owned Bynoe Lithium Project in the Northern Territory to Core Lithium’s (ASX: CXO) subsidiary, Bynoe Lithium Pty Ltd, for up to $14.75 million. The deal includes $3.75 million on completion, milestone payments, and a capped royalty, with completion expected within five business days.
Western Yilgarn (ASX: WYX) launched a share purchase plan to raise up to $500,000 to fund upcoming exploration programs at its Western Australian projects.
Babylon Pump & Power (ASX: BPP) provided an update on its recapitalisation, outlining a proposed ~$12.7 million entitlement offer and initial funding initiatives to strengthen the balance sheet and support continued growth of its specialist water management rental business.
