METALS AND MINING
Tarrina Resources (ASX: TR8) confirmed high-grade gold from its first drillhole at the Christmas Gift Project in New South Wales, with intersections up to 23.12 g/t Au and 31m of total mineralisation. Results represent the widest and best gram-metre intersections recorded to date and validate historic mining and drilling. Gold assays also correlate with zinc and copper mineralisation, supporting their use as pathfinders in future exploration. Further assay results from drilling and soil sampling are expected by the end of May. Covered by Stockhead.
Koba Resources (ASX: KOB) expanded its high-grade uranium discovery at the Everest Prospect within the Yarramba Project in South Australia, including identifying a new mineralised zone, “Everest Bend.” A follow-up drilling program returned multiple strong intercepts exceeding 1,000ppm eU₃O₈ across a 6km trend, increasing the strike length of the high-grade zone by 50% from its 2025 discovery. Highest grades and thickest intersections to date, includes: 1.5m @ 790ppm eU₃O₈ from 103.2m, including 0.6m @ 1,627ppm eU₃O₈. Mentioned in MiningNews.net.
Clara Resources Australia (ASX: C7A) wrapped up a high-resolution airborne LiDAR survey covering 39km² along the Kingsborough Fault corridor at its Mareeba Gold Project in Far North Queensland. The survey outlined seven exploration targets, including three newly identified areas that may represent historic gold workings. Notably, five of these targets sit along a 7km stretch of the Kingsborough Fault corridor - highlighting strong exploration potential. Covered by MarketOpen.
Brazilian Critical Minerals (ASX: BCM) secured Advance and Overseas Findings for its Ema Rare Earth Project in Brazil, providing formal pre-approval for key R&D activities under the Australian Government’s R&D Tax Incentive program. The approvals support ongoing metallurgical, hydrological and ISR testwork at Ema, while potentially offsetting a portion of development expenditure through Australian tax incentives.
Following Atomic Eagle (ASX: AEU) commencing a 30,000m drill program at its Muntanga Uranium Project, CEO Phil Hoskins was interviewed by Stockhead and Mining.com.au. The company was also discussed in Crux Investor. "Atomic Eagle's valuation disconnect reflects resource scale, not technical or jurisdictional risk, and the 2026 drill programme is the defined pathway for addressing it," contributor James Byrne wrote. "At A$3 per resource pound, with a contingent Niger asset of 116 million pounds at over 1,300ppm as unpriced option value: a uranium project with development-grade credentials, built by people who've previously done it, priced as though they haven't started."
Ark Mines (ASX: AHK) intersected gold in drilling undertaken in late 2025 at its Sandy Mitchell Rare Earth and Heavy Minerals Project in North Queensland. This program was carried out following completion of last year’s resource expansion drilling program at Sandy Mitchell and the subsequent identification of gold in streams within the southern tenement area. Ark now plans to investigate extracting gold as a credit using the simple gravity processes it will apply to extract the monazite-hosted rare earths and heavy minerals at Sandy Mitchell. Covered by Mining.com.au, Stockhead and Australian Resources & Investment.
Magmatic Resources (ASX: MAG) completed its FY26 exploration programs at the Myall Farm-in and Joint Venture Agreement Copper-Gold Project in NSW, with anomalous copper intersected at the Interceptor prospect, located ~1km south of the Corvette Kingswood Mineral Resource Estimate area. Sixteen diamond drill holes for 6,240.4m were completed during the program, with results from the first three holes reported. Meanwhile, an air-core and reverse circulation drill program is scheduled to commence this month at Magmatic’s Weebo Gold Project in WA. Covered by Australian Mining.
Falcon Metals (ASX: FAL) commenced diamond drilling with a third rig at the Blue Moon Gold Project, immediately north of the 22Moz Bendigo Goldfield in Victoria. The rig is targeting the northern extension of the 3.8Moz New Chum Line of reef. The diamond hole is designed to provide stratigraphic information across the Garden Gully and New Chum lines of reef, while targeting the interpreted Dahlia Zone position in the eastern limb of the New Chum fold hinge.
Raptor Metals (ASX: RAP) executed a binding asset purchase agreement to acquire a strategic package of mining claims in the Turgeon district of the Bathurst Mining Camp, New Brunswick, Canada, one of the world’s most prolific VMS districts. The acquisition consolidates Raptor’s landholding across a multi-kilometre corridor prospective for copper, silver, gold, zinc and lead, adding three historically mineralised prospects with drilling, mining and surface sampling history.
Aurum Resources (ASX: AUE) delivered multiple thick gold intersections at the BDT2 deposit within the 3.03Moz Boundiali Gold Project in Côte d'Ivoire, with drilling confirming gold mineralisation outside current resource boundaries and the system remaining open at depth. Results from 28 holes across 9,905m returned standout intercepts including 40.60m @ 1.06 g/t Au from 299.40m and 26m @ 1.48 g/t Au from 175m, as part of the company's ongoing 100,000m diamond drilling program.
Golden Dragon Mining (ASX: GDR) announced that the first phase of Reverse Circulation (RC) drilling has intersected high-grade gold close to surface at Behring Bore, another one of Golden Dragon’s advanced gold targets within the greater Cue Gold Project, situated in the Murchison goldfields in Western Australia.
INDUSTRIAL
BPH Global Ltd (ASX: BP8) advised that its Indonesian operating subsidiary, PT BPH Global Indonesia, has executed a binding Memorandum of Understanding (MoU) with the Maritime Institute of Technology and Business (ITBM) Balik Diwa Makassar and the execution of a services agreement with Temasek Innovation Holdings Pte Ltd (TPIH), an operating entity of Temasek Polytechnic, Singapore, for the provision of efficacy testing services in relation to Project Giddy Up.
ENERGY
NH3 Clean Energy Limited (ASX: NH3) was awarded Federal Major Project Status (MPS) for its WAH2 Clean Ammonia Project by Australia's Minister for Industry and Innovation, Tim Ayres, for a period of three years. MPS is a prestigious designation held by fewer than 30 projects nationally, granting access to the Major Projects Facilitation Agency to help coordinate and accelerate government approvals. The recognition supports NH3's timeline toward a Final Investment Decision by end of 2026 and first production by end of 2029. Covered by Business News & Energy Source.
Hazer Group (ASX: HZR) has released an MD letter and investor presentation discussing how energy security, hydrogen demand and critical mineral supply chains are reshaping industrial decarbonisation, while highlighting Hazer’s methane pyrolysis technology as a lower-emissions pathway to produce both hydrogen and graphite from natural gas. Covered by ENB.
Prominence Energy (ASX: PRM) confirmed helium, natural hydrogen and methane across its PEL 803 licence area in South Australia, with initial soil gas survey results validating the company's geological model. Helium reached 36ppm, more than seven times background, natural hydrogen hit 1,105ppm against a background of less than 1ppm.
RENEWABLE ENERGY
Frontier Energy’s (ASX: FHE) Waroona Renewable Energy Project Stage One was successful in applying for Tender 6 of the Australian Government’s Capacity Investment Scheme. The CIS is an underwriting scheme backed by the Australian Government that provides the Waroona Project with a revenue floor to 2042, which enhances Frontier’s ability to attract favourable project financing terms, whilst allowing for a level of upside exposure to higher energy prices. Frontier aims to finalise a funding package for the Waroona project shortly. Covered by Small Caps.
TECHNOLOGY
Decidr AI (ASX: DAI) successfully complated a $15 million placement, issuing 24.6 million new shares at A$0.61 per share. The proceeds from the placement will be used to fund the productisation and development of a Knowledge Security Platform within Sugarwork, further penetration of white-space through M&A opportunities, Sovereign Compute, patents and research publications.
PlaySide Studios (ASX: PLY) announced that MOUSE: P.I. For Hire has now sold ~730,000 units since its 16 April launch, generating US$21.4m in gross platform sales and ~US$13.0m in net revenue to PlaySide, with all milestone, publishing and marketing costs now recouped. On the back of the title’s trajectory, PlaySide upgraded FY26 revenue guidance to A$50m–A$53m (vs prior guidance of exceeding FY25’s A$48.7m), with wishlists also climbing to 3.0m and console now representing 50% of unit sales.
BIOTECH
Arovella Therapeutics (ASX: ALA) presented a poster describing its CAR-iNKT cell therapy targeting CLDN18.2-positive cancers at the International Society for Cell and Gene Therapy ISCT 2026 Scientific Annual Meeting in Dublin. The ISCT 2026 is the world’s largest cell and gene therapy (CGT) translation conference, bringing together scientific innovators, clinicians, industry leaders, lab professionals, and regulators to advance translational impact across the CGT sector.
Imricor Medical Systems (ASX: IMR) raised A$60 million this week, lifting pro forma cash to ~A$102.9 million. Proceeds will fund the US launch of its NorthStar system, EP regulatory approvals, clinical trials in Europe and the US, PFA development, and Middle East expansion as the company shifts from regulatory momentum to commercial scale.
CORPORATE NEWS
American Tungsten & Antimony (ASX: AT4) appointed former U.S. Secretary of the Interior David Bernhardt as Chairman of its Strategic Advisory Board, strengthening the Company’s engagement with U.S. government and critical minerals initiatives. AT4 said the appointment supports advancement of its U.S. antimony and tungsten projects and aligns the Company with domestic supply chain and permitting priorities.
Condor Energy Ltd (ASX: CND) raised A$2.25 million via a placement to advance its offshore Peru portfolio, funding licence conversion, gas commercialisation, and exploration activities. The capital will progress the Piedra Redonda Gas Field (1 trillion cubic feet of contingent resources) toward development, while advancing high-impact oil exploration prospects estimated at 3 billion barrels toward drilling readiness.
Prominence Energy Ltd (ASX: PRM) raised $1.56 million via a placement to directors, existing and new sophisticated investors, structured in two tranches with Tranche 2 subject to shareholder approval. Proceeds will fund licence approvals and geophysics work at the Gawler Helium and Hydrogen Project, continued evaluation of existing assets, and general working capital.
InteliCare (ASX: ICR) received firm commitments to raise ~A$2.05 million before costs through a placement of 93,000,000 new fully paid ordinary shares at an issue price of $0.022 per share. The Placement was strongly supported by new and existing sophisticated and professional investors and provides InteliCare with additional working capital to support the Company’s scale up plans for broader commercial deployment.
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