In Case You Missed It: Lithium land secured in Canada’s Electric Avenue takes PAT higher
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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.
Patriot Lithium (ASX:PAT) has picked up an additional 536km2 of highly prospective claims in “Electric Avenue” lithium district, North-West Ontario, which has taken PAT higher today… to the tune of +23% at time of writing.
R3D Resources (ASX:R3D) has achieved a production rate of 4 tonnes per day of copper sulphate at its Tartana plant, with plans to ramp up to 8 tonnes per day by the end of 2023.
Algorae Pharmaceuticals -1AI (ASX:) has secured a spot as an industry participant to the Next Generation Artificial Intelligence (AI) Graduate Program (NGAIGP) operated by Australia’s national science agency, CSIRO.
And Encounter Resources (ASX:ENR) has found new areas of niobium-REE mineralised carbonatites at its Aileron project in WA.
Antilles Gold (ASX:AAU) says ‘outstanding’ copper intersections have been confirmed by pXRF readings in the latest diamond drill hole through the oxide copper domain at El Pilar.
A scoping study has shown Lithium Energy (ASX:LEL) 3.3Mt Solaroz lithium brine project comes with an impressive IRR of 41-44% and will take just 2-2.5 years to pay back development costs once in production.
Pilot Energy (ASX:PGY) has teamed up with and Samsung C&T Corporation Engineering & Construction Group to jointly progress and fund the development of the Mid West clean energy project.
Ark Mines (ASX:AHK) has confirmed rare earths mineralisation in every interval of every hole assayed to date at its Sandy Mitchell project in QLD.
And Jindalee Resources (ASX:JRL) is raising a total of $4.1m (before costs) from public and priority offers to advance its McDermitt lithium project.
At Stockhead we tell it like it is. While James Bay Minerals, Antilles, Lithium Energy, Many Peaks, Pilot Energy, Power Minerals, Patriot Lithium, Ark Mines, Krakatoa Resources and Jindalee Resources are Stockhead advertisers, they did not sponsor this article.