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In Case You Missed It: Drilling approvals and a giant lithium hit

Pic: via Getty Images.

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Stockhead’s In-Case-You-Missed-It highlights some strongest performing ASX stocks that might have slipped your notice today. 

It’s a short, sharp update to help frame the trading day by showing some of the biggest movers in percentage terms.

 

ICYMI Leader Board

Stocks highlighted in blue have made market-moving announcements (click headings to sort).

Code Company Price % Today Market Cap
RDN Raiden Resources Ltd 0.0115 44% $16,442,151
AW1 Americanwestmetals 0.3 30% $80,333,768
M2M Mtmalcolmminesnl 0.03 25% $1,914,420
VAL Valor Resources Ltd 0.005 25% $15,212,139
AZS Azure Minerals 2.68 24% $846,812,276
GSM Golden State Mining 0.043 23% $6,688,090
NAE New Age Exploration 0.006 20% $7,179,495
GRE Greentechmetals 0.42 18% $20,091,422
BIM Bindimetalslimited 0.2 14% $4,904,813
WA8 Warriedarresourltd 0.09 13% $34,484,705
NWM Norwest Minerals 0.047 12% $11,660,649
LRS Latin Resources Ltd 0.42 11% $996,816,999
BRX Belararoxlimited 0.32 10% $14,939,066
QXR Qx Resources Limited 0.032 10% $26,009,007
HRE Heavy Rare Earths 0.11 10% $5,948,793
TPD Talon Energy Ltd 0.17 10% $97,254,423
ALM Alma Metals Ltd 0.012 9% $12,254,009
HOR Horseshoe Metals Ltd 0.012 9% $7,078,265
SIX Sprintex Ltd 0.036 9% $9,615,089
ENR Encounter Resources 0.47 8% $172,053,715
VMS Venture Minerals 0.015 7% $27,300,182
PTX Prescient Ltd 0.075 7% $56,368,886
DYM Dynamicmetalslimited 0.235 7% $7,700,000
KGD Kula Gold Limited 0.016 7% $5,598,179
EZZ EZZ Life Science 0.66 6% $26,477,100
ADD Adavale Resource Ltd 0.017 6% $11,011,493
TRE Toubaniresourcesinc 0.175 6% $16,862,835
NRZ Neurizer Ltd 0.055 6% $64,831,441
KNG Kingsland Minerals 0.3 5% $12,745,143
IG6 Internationalgraphit 0.205 5% $17,352,681
BPH BPH Energy Ltd 0.021 5% $18,604,710
PAT Patriot Lithium 0.21 5% $12,277,500
QHL Quickstep Holdings 0.32 5% $21,876,495
FBM Future Battery 0.11 5% $44,923,739
AX8 Accelerate Resources 0.022 5% $7,971,637
DES Desoto Resources 0.11 5% $6,292,283
BSN Basinenergylimited 0.115 5% $6,603,300
RR1 Reach Resources Ltd 0.0115 5% $30,305,557
PWN Parkway Corp Ltd 0.0125 4% $26,721,826
LYN Lycaonresources 0.26 4% $9,729,688
NFL Norfolkmetalslimited 0.135 4% $3,942,249
CRD Conradasiaenergyltd 1.555 4% $145,245,171
BM8 Battery Age Minerals 0.43 4% $30,800,538
CEL Challenger Gold Ltd 0.09 3% $103,692,280
MAU Magnetic Resources 0.775 3% $177,715,526
SUM Summitminerals 0.155 3% $4,999,133
MRR Minrex Resources Ltd 0.016 3% $16,815,446
SCN Scorpion Minerals 0.066 3% $22,125,196
MME Moneyme Limited 0.069 3% $53,605,258
EVG Evion Group NL 0.035 3% $11,762,612
MEU Marmota Limited 0.035 3% $35,999,220
HGO Hillgrove Res Ltd 0.071 3% $131,926,000
BC8 Black Cat Syndicate 0.375 3% $97,409,905
VHM Vhmlimited 0.57 3% $85,029,133
GLN Galan Lithium Ltd 0.77 3% $260,003,627
MPG Manypeaksgoldlimited 0.205 3% $7,274,897
EUR European Lithium Ltd 0.084 2% $114,327,612
STK Strickland Metals 0.042 2% $65,608,351
SGQ St George Min Ltd 0.042 2% $34,460,933
OD6 Od6Metalsltd 0.215 2% $11,553,254
G88 Golden Mile Res Ltd 0.044 2% $14,163,749
M2R Miramar 0.05 2% $5,435,413
DEV Devex Resources Ltd 0.32 2% $116,795,251
PFE Panteraminerals 0.072 1% $3,656,580
RNU Renascor Res Ltd 0.1875 1% $469,790,387
AXN Alliance Nickel Ltd 0.092 1% $64,892,672
SVM Sovereign Metals 0.51 1% $279,755,161
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Gold explorer Koonenberry (ASX:KNB)
has been granted the final approval it’s been seeking from the NSW Resources Regulator to begin activity at the never-before-drilled Bellagio prospect, about 160km north-east of Broken Hill in NSW.

Its aircore drilling program scheduled to commence this month is designed to test beneath multiple high-grade gold samples from outcropping quartz veins, including 39.4g/t gold and 22.5g/t gold rock chips, and a robust gold in soil anomaly with a maximum result of 33ppb Au.

MD Dan Power, said: “The long-awaited final approvals for Bellagio open the door for the first ever drilling program to test outcropping quartz veins which have returned some spectacular gold results to date.

KNB has a drilling contractor in mind and is set to get cracking on the prospect in coming weeks.

Valor Resources (ASX:VAL) has secured Autorización de Inicio (Permission to Begin Drilling) from the Peruvian Ministry of Energy and Mines (MEM), allowing it to commence the maiden drilling program at the Picha copper project in Peru.

This announcement comes just a month after the company reached an agreement to sell up to 80% of its interest the Picha project to Firetail Resources (ASX:FTL) to focus on its Canadian uranium portfolio. 

The maiden program of 5,000m of diamond drilling, has been planned to initially test four key targets – Cobremani, Cumbre Coya, Maricate and Fundicion – and will be conducted by Firetail.

And Azure Minerals’ (ASX:AZS) announced a monster hit from its emerging tier lithium discovery in the Pilbara of a 209m long intercept grading 1.42% Li2O. Outrageous. 

 

At Stockhead we tell it like it is. While Valor Resources and Azure Minerals are Stockhead advertisers, they did not sponsor this article.

Categories: News

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