In Case You Missed It: A gold scoping study and high-grade copper lead the way
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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.
MetalsTech (ASX:MTC) has released a scoping study for its Sturec gold mine in Slovakia that determined that an underground mining operation “with a plant throughput of 2.3Mtpa and mine life of 9 years using tailings co-disposal in waste dumps” will be the highest value development option.
Cooper Metals (ASX:CPM) has intercepted 50m at 1.32% copper from 80m including 2m at 6.1% copper and 0.23 g/t gold at the Brumby Ridge prospect at their Mt Isa East copper-gold project.
Game developer Mighty Kingdom (ASX:MKL) has received its R&D refund claim of $1.892m under the Federal Government’s Research and Development Tax Incentive (R&DTI) program.
AKORA Resources (ASX:AKO) says the scoping study for its Bekisopa project in Madagascar could build to 2 million tonnes per year of high-grade direct shipping iron ore.
And Metgasco (ASX:MEL) expects to commence operations at its Vali-2 well towards the end of November.
Strategic Elements (ASX:SOR) says its moisture based renewable energy technology – Energy Ink – has achieved unprecedented power density from moisture in the air and has set an ambitious goal to provide a charge to an electric car in future.
Firetail Resources (ASX:FTL) has intersected an impressive 13m at 2.81% copper from surface in its maiden drillhole at Picha, an underexplored project just 17km from Buenaventura’s 7.6Moz San Gabriel gold-copper development.
Assays from Metal Hawk (ASX:MHK) Stage-2 aircore (AC) drilling program targeting Rare Earth Elements (REE) at the Fraser South project in WA have intersected additional zones of REE saprolite enrichment.
De Grey Mining (ASX:DEG) has flagged future resource increases at Eagle and Diucon and potential upside to the already impressive production metrics for its Hemi gold project in the Pilbara.
Haranga Resources (ASX:HAR) is looking to increase resources at its flagship Saraya uranium project where ~20,000m of augur drilling has kicked off.
Nordic Nickel (ASX:NNL) has intersected up to 2.4% nickel outside of the current resource at its Pulju project in Finland.
ADX Energy (ASX:ADX) has commenced drilling its Anshof-2 well in Austria.
Native Mineral Resources (ASX:NMR) is planning to commence lithium and REE exploration shortly at its Mt Vetters and Music Well projects in WA.
Blue Star Helium (ASX:BNL) has extended the date of its share purchase plan to close on November 17 to allow shareholders further time to consider the offer following the announcement yesterday regarding drilling at Voyager.
And Lithium Universe (ASX:LU7) has appointed Victoria Vargas as director of the company’s Canadian subsidiary.
At Stockhead we tell it like it is. While Strategic Elements, Altech Batteries, Firetail Resources, Metal Hawk, De Grey Mining, Haranga Resources, Nordic Nickel, Spartan Resources, Sprintex, Western Yilgarn, Cyclone Metals, ADX Energy, Native Mineral Resources, Blue Star Helium and Lithium Universe are Stockhead advertisers, they did not sponsor this article.