METALS AND MINING
Sierra Nevada Gold (ASX: SNX) is advancing its New Pass Gold Mine in Nevada, USA, towards trial mining with underground refurbishment activities commenced on New Pass’ Superior Level 4 Adit. Portal rehabilitation and site preparation has commenced ahead of underground access, which will support upcoming drilling and trial mining. Trial mining could provide SNX with near-term cashflow generation from the project.
AuKing Mining (ASX: AKN) will acquire 100% of the Tundulu Rare Earths Project in Malawi and secured commitments to raise $3 million to fund the transaction and initial exploration. Tundulu is a large carbonatite hosted rare earths system supported by historical high grade drilling, including intercepts such as 41m at 3.7% TREO and 30m at 4.03% TREO from surface. Covered by Stockhead & Proactive. It also completed a drone based magnetics and LiDAR survey at Tundulu, with results due in 7–10 days to refine drill targets. Planning is underway for a maiden drilling program targeted to begin in May, as AKN targets a maiden JORC resource within 12 months. Covered by Proactive.
Sunshine Metals (ASX: SHN) reported further shallow high-grade gold and silver results from grade control drilling at Liontown, including 7m at 5.87g/t gold from surface and 19m at 2.34g/t gold plus 184g/t silver, supporting an upcoming resource upgrade and mine planning for the proposed open pit. Initial drilling at the nearby high-grade Au Panel also returned strong results, including 14m at 12.38g/t gold, reinforcing underground development potential. All results will feed into an updated Liontown Resource due in the June 2026 quarter and a revised mining study to commence shortly after. Covered by Mining.com.au.
Aurum Resources (ASX: AUE) reported multiple thick gold intersections from the BDT2 deposit within its 3.03Moz Boundiali Gold Project in Côte d’Ivoire, with standout results including 36m at 1.99g/t gold from 280m and 22m at 1.40g/t gold from 97m. The drilling was designed to grow resources and upgrade confidence, with results confirming mineralisation beyond current resource boundaries and the system remaining open at depth and along strike. Aurum continues its 130,000m drilling campaign as it advances a Boundiali Pre Feasibility Study in May 2026 and a Definitive Feasibility Study later this year. Covered by Business News.
Infinity Mining (ASX: IMI) executed a second binding Memorandum of Cooperation (MOC) with Orivium Global Pte Ltd to expand its partnership to include the processing of e-Waste. The expanded agreement positions Infinity to combine Metals recovery from its existing Cangai slag stockpiles with access to the growing e-Waste market, supporting a pathway toward near-term revenue generation through a capital-light processing solution. Covered by The West Australian.
Enova Mining (ASX: ENV) commenced deep diamond drilling at the Cattle Creek prospect within its Charley Creek Rare Earth Project in the Northern Territory, targeting bedrock-hosted rare earth mineralisation. The seven-hole, 450–500m program follows historical air-core drilling that returned 5m at 1.135% TREO from 37m, with results expected after several weeks of drilling and assay work.
Burley Minerals (ASX: BUR) provided an update on its 100%-owned Chubb Lithium Project near Val-d’Or, Quebec, Canada, noting an improved market outlook supported by a material rise in lithium prices, which has renewed interest in the project. The project comprises 35 mineral claims covering more than 1,500 hectares and has seen approximately 14,000 metres of diamond drilling completed to date. Exploration has identified spodumene and pollucite (caesium)-bearing pegmatite dykes, while mapping has also highlighted additional pegmatite outcrop targets yet to be drilled. Preliminary metallurgical testwork indicates strong concentrate recovery and good amenability to ore sorting.
Turnstone Resources (ASX: TSR) reported results from its maiden reconnaissance rock chip sampling program at the recently acquired Klinten Project in Sweden, with the initial 10 rock chips returning two high-grade assays of 8.1g/t Au and 8.4g/t Au. Turnstone is targeting geophysics and geological mapping at Klinten in May, paving the way for an initial drill program in the September 2026 quarter.
Krakatoa Resources (ASX: KTA) has restructured the Zopkhito Option to prioritise capital into exploration and development rather than upfront acquisition costs. The revised staged earn-in provides a clear and capital-efficient pathway to secure up to 80% ownership, while maintaining flexibility and reducing dilution risk. At site, access preparation is underway for the 2026 field season, which will include further resource drilling, metallurgical optimisation and high-level mining studies. Covered by Mining.com.au and Australian Resources and Investment.
Native Mineral Resources (ASX: NMR) resumed gold production at Blackjack in Queensland, with five doré bars totalling ~315 ounces smelted on 22 April 2026, representing the first gold production since Blackjack mining recommenced on 9 April 2026. Podosky site establishment has progressed on schedule with haulage to the Blackjack ROM pad on track for late April 2026.
OIL, GAS & ENERGY
Prominence Energy (ASX: PRM) secured dollar-matched funding through the CSIRO Kick-Start program to advance collaborative research into natural hydrogen and helium systems at its Gawler Hydrogen Project in South Australia. The eight-month program, commencing April 2026, will involve targeted sampling and geochemical analysis across PEL 803, with a total project cost of $116,252. Results aim to refine exploration workflows and support future project screening.
TECHNOLOGY
Hazer Group (ASX: HZR) released its March 2026 quarterly activities and cashflow report, highlighting completion of the Hazer-KBR Process Design Package, enabling standardised large-scale commercial deployment of its methane pyrolysis technology. The company advanced its graphite monetisation strategy, signing a non-binding offtake Letter of Intent with Green Steel WA and achieving independent qualification for concrete and asphalt applications. Hazer maintained a strong funding position of $15.3 million.
Metal Powder Works Limited (ASX: MPW) delivered a strong March quarter, with powder revenue nearly doubling QoQ while maintaining ~50% gross margins, highlighting the effectiveness of its restructured sales strategy and growing customer traction. The Company secured 35 orders, expanded strategic partnerships including a UK Ministry of Defence contract, and progressed production capacity with Next Gen #1 ramp-up underway.
PlaySide Studios (ASX: PLY) reported a strong global launch for its highly anticipated title MOUSE: P.I. For Hire, with early momentum across PC and console platforms supported by positive player and critical reception. Estimated sales reached ~360,000 units, generating US$10.4 million in gross sales, while the title ranked #2 on Steam globally at launch. Growing wishlists and high engagement across streaming platforms highlight a solid pipeline for continued traction and monetisation.
BIOTECH
Nexalis Therapeutics (ASX: NX1) advanced its first in human Phase 1 trial of IRX-616a into the second dosing cohort after completing Cohort 1 and receiving Safety Review Committee approval. The trial remains on track to dose the final participant by the end of June 2026, supporting a planned Phase 2 study thereafter. Covered by Sharecafe. Nexalis also reached a key milestone with the first patient screened in its Phase 2 trial of IRX-211 for breakthrough cancer pain, advancing the program into clinical evaluation in its target patient population. The study aims to enrol 156 opioid tolerant cancer patients and assess efficacy, safety and patient reported outcomes of the company’s proprietary inhaled therapy designed for rapid pain relief.
InteliCare (ASX: FRE) signed a Master Services Agreement with Warrigal Care Limited for the deployment of InteliCare’s smart monitoring solution at Warrigal’s new retirement living development. Warrigal is a not-for-profit provider of retirement living, residential aged care and community services operating across New South Wales and the Australian Capital Territory. Covered by Sharecafe.
Neurotech International (ASX: NTI) announced U.S. Medical Advisor Dr Bonni Goldstein has been appointed to the newly formed National Compassionate Care Council, a body focused on cannabis and healthcare policy reform in the United States. The council will help shape clinical guidelines, research priorities and patient access frameworks for cannabinoid-based therapies, supporting Neurotech’s strategic presence in the evolving U.S. medical cannabis market.
Emyria (ASX: EMD) announced the launch of its Empax Global Partnership Program, a new services platform enabling international drug sponsors to access Emyria’s established clinical delivery infrastructure.
New data from Radiopharm Theranostics’ (ASX: RAD) ongoing Phase 1 HEAT trial evaluating 177Lu-RAD202, a first-in-class HER2-targeted radiopharmaceutical therapy, was presented as a poster at the American Association for Cancer Research Annual Meeting 2026, being held April 17–22, 2026 in San Diego, California.
Arovella Therapeutics (ASX: ALA) presented a poster describing its CAR-iNKT cell therapy targeting CLDN18.2-positive cancers at the American Association for Cancer Research Annual Meeting in San Diego. The AACR annual meeting is a focal point of the cancer research community, where scientists, clinicians, other health care professionals, survivors, patients, and advocates gather to share the latest advances in cancer science and medicine.
ImmVirX presented new clinical and translational data for its lead candidate IVX037, alongside new preclinical data for its second program IVX055, at the American Association for Cancer Research (AACR) Annual Meeting 2026 in San Diego, California. The IVX037 data highlight findings from an ongoing Phase 1b clinical trial evaluating IVX037 in combination with the anti–PD-1 therapy sintilimab in patients with advanced microsatellite-stable colorectal cancer (MSS-CRC), a population with limited treatment options. Covered by Biotech Dispatch.
CORPORATE NEWS
Pilbara Gold (ASX: PGL) (formerly Kairos Minerals) is trading under its new name and ticker.
WA Gold (ASX: WAU) (formerly BMG Resources) is trading under its new name and ticker, following shareholder approval to change from BMG Resources (ASX: BMG). The rebrand reflects the company’s strategy to accelerate development of its Western Australian gold projects as it enters its next growth phase. Covered by Stockhead.
Auric Mining (ASX: AWJ) appointed Scott Bailey as Processing Lead to oversee the team responsible for rebuilding the Burbanks Plant at Coolgardie. With more than 15 years of industry experience, Scott will lead the redevelopment of the de-commissioned gold plant located 11 kilometres south of Coolgardie.
%20(8).jpg?upscale=true&width=1120&upscale=true&name=Weekly%20Wrap%20section%20dividers%20(1200%20%C3%97%20180px)%20(8).jpg)
