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

PYC Therapeutics Advances PKD Program with Phase 1b Multiple Ascending Dose Study Initiation
PYC Therapeutics kicks off Phase 1b MAD for PKD with first patient dosed in PYC-003; data due CY27, paving the way to registrational Phase 2/3 and NDA.

Odyssey Gold Delivers Recoveries Above 95% in Metallurgical Testing of Tuckanarra Ore Sample
Odyssey Gold taps 95%+ recoveries in Tuckanarra metallurgical tests; leach recovery 95.9%, low cyanide use, signaling compelling starter-pit economics.

ADX Energy to Commence Wireline Logging after Gas Hits At HOCH-1 Well
ADX Energy hits biogenic gas at HOCH-1 in Austria; wireline logging to kick off 7 May to confirm reservoir; ~8 BCF mean resource, 17.3 BCF high.

Lunnon Metals Enjoys Further Exploration Success at Plentiful and Paringa West Gold Targets
Lunnon Metals adds more gold hits at Paringa West and Plentiful, with high-grade RC intercepts including 14m @ 2.62 g/t and visible gold; assays due Sept.

NoviqTech Targets Data Centre Carbon Removal Demand with Coralia Biochar Strategy
NoviqTech's Coralia targets data-centre CO2 removal with biochar; aims 550k tCO2 credits and 250k t biochar from GBR project, first credits in 2026.

Central Petroleum Exits EP112 JV as Sub-Salt Plans Shift
Central Petroleum exits EP112 JV; $1.7m FY26 impairment after terminating sale to Georgina Energy. EP125 appraisal continues, Mt Kitty/Jacko Bore drilling 2027.

Askari Metals Identifies Continuous Mineralisation in Phase 1 Trenching at Uis Project
Askari Metals reports continuous mineralisation at Uis PS pegmatite in Phase 1 trenches, paving way to maiden resource as RC drilling targets H2 2026.

AML3D Deploys First Portable ARCEMY System at US Navy AM CoE
AML3D deploys first portable ARCEMY at US Navy AM CoE, triggering final AU$1.2m payment from Austal USA and expanding defence footprint.

AerometrexTriggers Uncapped Revenue with Landchecker Milestone as MetroMap Partner Program Expands
Aerometrex hits uncapped MetroMap revenue as Landchecker milestone triggers upside; adds OpenSolar, InCanopy, Lotsearch, Propedia, boosting ACV to $13.1m.

Axel REE Drilling Confirms Ionic Clay Rare Earth System at Woolrich Deposit
AXL leaps on Woolrich assays confirming extensive ionic-clay REE system with high HREE enrichment; targeting upgrade to indicated resource and MREC output.

Resolution Minerals Reports High Recoveries from Testing of Lower-Grade Antimony Ridge Samples
Resolution Minerals: near-complete stibnite recovery from Antimony Ridge testing; 99.5% sulphur recovery in sub-10% Sb sample, boosting open-pit potential.

Alma Metals Raises $4m to Advance Promising Briggs Copper Project
Alma Metals raises $4m in an oversubscribed placement to accelerate Briggs copper project, funding drilling, pre-feasibility studies and metallurgical tests.