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 green have made market-moving announcements (click headings to sort).

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Auric Mining (ASX:AWJ)
says old production is “imminent” from the 48,000oz Jeffrey’s Find gold mine in WA, a partnership between AWJ and Kalgoorlie mining contractor BML ventures.

Commencing late May, between 100,000-150,000 tonnes of ore will be hauled to the Greenfields Mill at Coolgardie where it will be toll treated.

First gold pour is expected early July, with first cash flow in September/October.

“This is an important stage in Auric’s growth; to be generating cash within the next six months with negligible downside to Auric is a terrific result,” MD Mark English says.

“The cash generated will be used to advance our exploration projects and Munda gold deposit. Our timing is perfect with the surging Australian gold price.”

A recently completed 1,600m drilling campaign is hitting more copper sulphide zones up to 20m thick at Renegade Exploration’s (ASX:RNX) Mongoose project near Cloncurry, QLD.

Highlights from two holes include 20m of visible chalcopyrite mineralisation (a major source of copper metal) from 113m and 14m of visible chalcopyrite mineralisation from 171m.

But these visuals aren’t a substitute for actual assays, which are due in 6-8 weeks.

Mongoose was part of the 23%-owned Carpentaria Joint Venture (CJV) with mining major Glencore. This year RNX inked a deal to excise Mongoose from the JV, making it sole operator and funder.

RNX also received a query today from the ASX about maintaining confidentially of assay results; its second in two months.

International money services provider OFX Group (ASX:OFX) has reported net operating income (NOI) of $214.1 million for the year ending March 31, up 45.6% on the prior corresponding period.

In FY24 OFX expects to grow NOI to between $225 million and $243 million.

Alma Metals (ASX:ALM) is raising $2 million at $0.01 per share to fund additional drilling at the Briggs copper deposit in Central Queensland, where recent drilling outside the inferred mineral resource intersected thick zones of porphyry-style copper- molybdenum mineralisation. 

Cannabis-centric healthcare company, Bod Australia (ASX:BOD) says an ethics approval has been received from Bellberry for its pharmacokinetic (PK) study to compare the bioavailability of cannabidiol (CBD) using Aqua Phase technology, compared with CBD in MCT oil.

Following this approval, Bod will be undertaking two PK studies, with the results of the first study expected by the end of June.

And Greenstone Resources (ASX:GSR) has kicked off a 5,500m drilling program at its Phillips Find gold project in WA.

 

At Stockhead we tell it like it is. While Alma Metals and Greenstone Resources are Stockhead advertisers, they did not sponsor this article.