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

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Loyal Lithium (ASX:LLI)
has discovered five spodumene-bearing pegmatite dykes at the Trieste lithium project in the battery metal’s new hotspot – James Bay, Canada.

The Quebec explorer is describing the find as “a significant breakthrough” in its ongoing campaign in the region.

The five dykes, with aligned implied continuous outcrops, have been identified within a 6km2 area to the south of the Trieste Greenstone Belt, “situated in a metasediment host – leaving several high value greenstone targets yet to be explored”.

“Although still very early, we are excited by the potential of this fertile area south of the Trieste greenstone,” MD Adam Ritchie said.

“The discovery of five spodumene rich dykes gives us great confidence as we accelerate our exploration activities and prepare for drilling.”

Lumos Diagnostics (ASX:LDX) has been granted a core patent covering the camera technology used in its reader platform for Europe and Japan.

The patent, called “Device for reading an IVD assay”, covers the use of Lumos’ proprietary camera technology – incorporated in many of its readers, which have become a critical component of new point-of-care tests as they automate the reading of results. And that, in turn, allows them to be seamlessly integrated into electronic medical record systems.

The patent covers the use of Lumos’ reader technology in the European and Japanese markets until 2036, and has already been granted in the United States and Australia.

In more news for health tech, Singular Health Group (ASX:SHG)  announcing a strategic investment from CG1 Ventures, a venture arm of the company’s recently appointed Master Distributor for the USA, for up to $850k in SHG’s shares at $0.055 per share (a 41% premium to the last closing price of $0.039).

“Building on from our appointment of CG1 Solutions as our master distributor in the US just last month, this investment is a strong sign of confidence in achieving commercial contracts in the near-term future,” interim CEO Denning Chong said.

3D metal printer AML3D (ASX:AL3) has won a $2m contract to produce submarine parts for the US Navy to use its ‘ARCEMY’ tech to manufacture parts that are no longer made by the original provider, solving a critical supply chain issue for the US Navy.

The contract will run for a period of nine months starting in September 2023 and the company says the parts will use a nickel-aluminium-bronze alloy.

And Battery Age Minerals (ASX:BM8) has made a discovery of pegmatite outcrops hosting visible spodumene at the eastern extent of the Falcon Lake Project, which has extended the prospective mineralised corridor at the project to 5km. 

Nine new pegmatites were discovered including five containing visible spodumene ranging from 5 to 20% content.

 

At Stockhead we tell it like it is. While Battery Age Minerals is a Stockhead advertiser, it did not sponsor this article.