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Breaking news and real-time updates from the ASX small-cap market

PolarX Confirms Potential for Major Copper-Gold System at Alaska Range Project
PolarX flags district copper-gold potential at Alaska Range as 3D mag reveals a 3.5km anomaly; high-grade assays include 27.3%Cu and 1.20 g/t Au.

Condor Energy Applies for Peru Licence Contract after Securing 100% Interest in Tumbes Basin Block
Condor Energy seeks Peru TEA-86 Licence Contract after a 100% stake; 3.3B bbl oil potential and 1 Tcf gas. Perupetro approval hurdle; A$2.25m raise funds ahead.

Alcidion Expands Patient Flow Business with Kyra Acquisition from Telstra Health
Alcidion to acquire Telstra Health Kyra suite for $3m, boosting FY26 revenue to ~$3.7m and delivering earnings accretion by June 2026; debt-free with $15m cash.

Vitasora Health Executes vCare Rollout as Patient Enrolment Momentum Accelerates
Vitasora Health completes vCare rollout; RPM live tests, targeting $1.7-1.8m annual savings and 550+ monthly enrolments, aiming profitability H2 2026.

Verity Resources Targeting More Ounces with New Drilling at Monument Gold Project
Verity Resources launches 56-hole AC drill program at Monument, targeting 9km BIF corridor to grow ounces beyond 138,000oz resource.

Algorae Pharmaceuticals Expands AI Drug Combination Pipeline with Multi-Anchor AOS2 Program
Algorae expands AI drug-combo pipeline with AOS2: 18 anchors, 478k+ synergy predictions across cell lines; stock set for AI-driven discovery boost.

The Weekly Finger: From monsoons to macro melt, balancing budgets, and shifting supply chains
ASX tungsten and lithium plays surge: Viking Mines and Sky Metals shine as Lake Resources pushes DLE to dodge cost spikes—our latest podcast deep dive.

Red Mountain Gains Regulator Approval for New Drilling Campaign at Oaky Creek
Red Mountain Mining gains regulator approval for 32-hole RC drilling at Oaky Creek to test antimony-gold targets mid-year.

88 Energy Upgrades South Prudhoe Resources by 35%, Secures Key Drill Rig
88 Energy lifts South Prudhoe resources 35% to 768.9 MMbbls and secures Nordic-3 rig for Augusta-1 in 2027, signaling stronger Alaska North Slope upside.

How Warren Buffett’s Strategy Beats the Budget Tax Rises
Warren Buffett's long-hold philosophy clashes with Australia's 30% CGT floor; investors urged to recheck holdings, avoid rushing sales before 2027 tax changes.

Market wrap: Budget helps to drag down market 1.3%
Budget drag knocks ASX 200 1.3% weekly drop; miners slip on copper fall, gold slump; tech rebounds, banks steady amid volatility.

EOS Advances MARSS Acquisition with Revised Terms as Counter-Drone Orders Surge
EOS advances MARSS deal with revised terms, €140m earnout cap and £85m order; completion expected in days as MARSS backlog grows to €135m and EOS to US$726m.