In Case You Missed It: Lithium ground near Bald Hill and Victorian gold
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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, who made announcements today.
Code | Company | Price | % Today | Market Cap |
---|---|---|---|---|
TOR | Torque Met | 0.34 | 172% | $12,042,130 |
SXG | Southern Cross Gold | 0.76 | 52% | $45,027,812 |
KNG | Kingsland Minerals | 0.25 | 35% | $8,273,163 |
LEL | Lithenergy | 0.68 | 25% | $56,140,450 |
IXR | Ionic Rare Earths | 0.022 | 22% | $71,029,889 |
SIX | Sprintex Ltd | 0.025 | 19% | $6,483,638 |
AMM | Armada Metals | 0.026 | 18% | $1,508,497 |
88E | 88 Energy Ltd | 0.007 | 17% | $123,965,631 |
W2V | Way2Vatltd | 0.017 | 13% | $9,418,091 |
DY6 | Dy6Metalsltd | 0.18 | 13% | $6,169,999 |
TG1 | Techgen Metals Ltd | 0.036 | 13% | $2,469,385 |
PNT | Panthermetalsltd | 0.065 | 10% | $3,607,850 |
ARR | American Rare Earths | 0.125 | 9% | $51,338,679 |
DOU | Douugh Limited | 0.0065 | 8% | $6,341,852 |
BTE | Botalaenergyltd | 0.135 | 8% | $6,664,583 |
SUM | Summitminerals | 0.135 | 8% | $4,165,944 |
PWN | Parkway Corp Ltd | 0.014 | 8% | $32,671,925 |
HPC | Thehydration | 0.043 | 8% | $7,211,134 |
PRS | Prospech Limited | 0.029 | 7% | $5,933,519 |
FEG | Far East Gold | 0.22 | 7% | $37,024,273 |
Torque Metals (ASX:TOR) could capitalise on the reboot of one of WA’s most sought-after lithium mines, Bald Hill, with an exclusive option to secure lithium-bearing ground just 600m away.
Southern Cross Gold (ASX:SXG) has announced the best hole drilled to date at its Sunday Creek project in Victoria of 404.4m grading at 5.6g/t AuEq (5.1g/t Au, 0.3 %Sb) from 374m.
Kingsland’s (ASX:KNG) has flagged bonanza intersections topping out at 206m grading at 10% graphite at its Leliyn project in the Northern Territory.
“Major third parties” in the battery space are circling as Lithium Energy’s (ASX:LEL) ongoing scoping study at Solaroz confirms the suitability of conventional solar pond evaporation or Direct Lithium Extraction (DLE) as a development pathway for the project.
The Ugandan government has approved its mining and minerals regulations, which will allow Ionic Rare Earths (ASX:IXR) to move ahead with the final key item required for the award of the mining licence at the Makuutu heavy rare earth project.
Sprintex (ASX:SIX) has completed testing, validation and benchmarking for its innovative new G26 (25kW) stand-alone turbo-blower designed for wastewater aeration and industrial applications.
88Energy (ASX:88E) has executed a rig contract with All American Oilfield for the use of Rig-111 to flow test the Hickory-1 well on the Alaskan North Slope.
Techgen Metals (ASX:TG1) has a plethora of exploration underway, focused on a new site of high-grade shear hosted copper-gold-silver mineralisation at the Station Creek project, rock chip sampling at the Mt Boggola REE project, as well as advancing the Cyclops nickel-copper-PGE project and Narryer nickel-copper-PGE and REE project.
Panther Metals (ASX:PNT) has expanded its battery metals portfolio with the addition of two new exploration licences prospective for nickel sulphides just 10km northeast of its flagship Coglia nickel-cobalt project.
And American Rare Earths (ASX:ARR) has become a substantial shareholder in Godolphin Resources (ASX:GRL) picking up 13.21% of the company as part of GRL’s recently closed $1.44m entitlement offer.
Reach Resources (ASX:RR1) has intersected multiple, thick, staked pegmatites in Phase 1 drilling at the Bonzer prospect, within the Morrissey Hill lithium project in WA.
Toubani Resources (ASX:TRE) has appointed Lycopodium Minerals as lead engineer for the Definitive Feasibility Study (DFS) update for its Kobada gold project in southern Mali.
Green Technology Metals (ASX:GT1) has signed an offtake deal to provide LG Energy Solution (LGES) 25% of annual output from its Seymour project in Ontario.
Outcrop mapping and review of historic soil geochemistry uncovered multiple new targets at Greentech Metals’ (ASX:GRE) West Pilbara projects, “expanding the scope for additional discoveries” near Andover.
Summit’s (ASX:SUM) recent interpretation of multispectral imagery has returned 228 potential pegmatite outcrops in the eastern half of the Castor property in Quebec’s James Bay area.
Power Minerals’ (ASX:PNN) aircore drilling has delivered South Australia’s highest known clay-hosted REE concentration of 1m grading 7,495ppm TREO at its Eyre Peninsula project.
Maiden drilling at St George Mining’s (ASX:SGQ) Ajana base metals project in WA’s Yilgarn Craton has hit near-surface zinc grades up to 4.22%.
RareX (ASX:REE) has wrapped up drilling at its Cummins Range REE and phosphate project under budget.
And ADX Energy (ASX:ADX) has nabbed approval from the Austrian ministry of finance for the Anshof partnership between ADX, MND and existing partner Xstate Resources (ASX:XST).
Vection Technologies (ASX:VR1) has confirmed the acquisition of the business of Invrsion — a technology company specialising in 3D and mixed reality solutions for the fashion, retail, consumer goods, and real estate sectors — is now unconditional.
At Stockhead we tell it like it is. While Lithium Energy, Reach Resources, Toubani Resources, Godolphin Resources, Ionic Rare Earths, Green Technology Metals, Kingsland Resources, Greentech Metals, Summit Minerals, Torque Metals, Power Minerals, Panther Metals, St George Mining, RareX, ADX Energy, Sprintex and Vection Technologies are Stockhead advertisers, they did not sponsor this article.