In Case You Missed It: A Chilean silver mine and $1m worth of lithium rights
Stockhead’s In-Case-You-Missed-It highlights today’s most interesting small cap stories that might have slipped beneath your radar.
Below is a wrap of the top 20 performing stocks, by percentage, that made announcements today.
Mitre Mining (ASX:MMC) is planning to acquire the ready-to-go underground and open-pit Cerro Bayo silver-gold mine in Chile, which has an inferred resource of 3.82Mt at 206g/t for 24.7Moz silver equivalent.
Dalaroo Metals (ASX:DAL) has sold the lithium, caesium and tantalum mineral rights from its Lyons Creek project in WA to Delta Lithium (ASX:DLI) for a tidy $1 million package, while retaining the mineral rights to ‘everything else’ at the site.
Perpetual Resources (ASX:PEC) is planning its second reconnaissance trip to its lithium permits in Brazil, with the focus on the Itinga Prospect, situated roughly 15km from major spodumene projects being developed by Lithium Ionic and Sigma Lithium.
Health and wellness company (formerly called Fiji Kava) The Calmer Co International (ASX:CCO) said ecommerce sales in Australia have risen to over $110k in November, a 70% increase thanks to Black Friday and Cyber Monday promotions.
And defence and space comms player Electro Optic Systems (ASX:EOS) says it expects revenue for 2023 to be between $210m and $230m.
Titan Minerals (ASX:TTM) has raised $4.1m – the maximum amount possible – at $0.03 per share under the institutional component of its entitlement offer to raise up to $7.6m to advance exploration activities at the Dynasty gold project in Ecuador.
At Stockhead we tell it like it is. While PharmAust and Titan Minerals are Stockhead advertisers, they did not sponsor this article.