In Case You Missed It: Lithium plays led the way followed by rare earths
Link copied to
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|
|JBY||James Bay Minerals||0.285||43%||$6,489,000|
|IXR||Ionic Rare Earths||0.0315||26%||$98,652,623|
|EEL||Enrg Elements Ltd||0.006||20%||$5,049,825|
|CHK||Cohiba Min Ltd||0.0035||17%||$6,639,733|
|PNM||Pacific Nickel Mines||0.09||13%||$32,855,680|
|OLI||Oliver'S Real Food||0.019||12%||$7,492,443|
|PEC||Perpetual Res Ltd||0.02||11%||$11,045,984|
|KKO||Kinetiko Energy Ltd||0.12||9%||$85,861,987|
|G88||Golden Mile Res Ltd||0.036||9%||$10,869,854|
|MQR||Marquee Resource Ltd||0.037||9%||$11,244,055|
James Bay Minerals (ASX:JBY) has debuted on the ASX today, bringing with it one of the largest exploration portfolios in Canada’s prolific James Bay lithium district, totalling ~224km2.
Ionic Rare Earths (ASX:IXR) has revealed partnership agreements with Ford Technologies Limited (Ford), Less Common Metals Limited (LCM), and British Geological Survey (BGS) to create a UK rare earth supply chain from recycled magnets.
Enrg Elements (ASX:EEL) has renewed three prospecting licences comprising its Ghanzi West copper-silver project for a further two years.
And Cohiba Minerals (ASX:CHK) is set to start field work at its four Canadian lithium and rare earths prospects next week after signing Scope of Work documents with leading North American consultants.
Future Battery Minerals (ASX:FBM) says the intersection of further spodumene-bearing pegmatites has further reinforced the potential of its Kangaroo Hills project to host a lithium deposit of both scale and tonnage.
Patriot Lithium (ASX:PAT) is extending its mapping and sampling program at Black Hills in preparation for maiden drilling after discovering a 200m long surface pegmatite.
Drilling is now testing several targets at the Carawine Resources (ASX:CWX)-Rio Tinto West Paterson JV.
A 50-hole aircore drilling program is underway at Metal Hawk’s (ASX:MHK) Fraser South rare earths project.
Summit Minerals (ASX:SUM) has started field exploration for lithium-bearing pegmatites at its Castor project in the prolific James Bay region of Quebec.
Pure Hydrogen’s (ASX:PH2) 60% owned subsidiary, HDrive International, has secured an order to supply two battery electric (BEV) mini buses in a deal valued at $700,000.
Golden Mile Resources (ASX:G88) is spinning the drill bit across five prospective targets at its Yuinmery gold project in WA’s Murchison region.
A 13,300m drill program has begun at Victory Metals’ (ASX:VTM) North Stanmore project, Australia’s largest ionic/regolith clay-hosted heavy rare earth discovery.
Spartan Resources (ASX:SPR) has launched an aggressive 25,000m drill offensive aimed at adding more high-grade ounces to its inventory at the Dalgaranga project in WA’s Murchison region.
Moho Resources (ASX:MOH) has identified two coincident Total Rare Earth Oxide (TREO) soil and radiometric anomalies within a 50km long trend at its Peak Charles project in WA.
Argenica Therapeutics (ASX:AGN) has the green light to undertake a potentially company making Phase 2 ‘proof of concept’ clinical trial of its lead drug ARG-007 for acute ischaemic stroke (AIS) patients.
Burley Minerals (ASX:BUR) has commenced an initial metallurgical test work program on core samples recovered from its Chubb lithium project in Québec, Canada.
And Hastings Technology Metals (ASX:HAS) and thyssenkrupp Materials Trading have agreed to expand the terms of the offtake contract signed in April 2021 to align with Stage 1 development for the Yangibana rare earths project.
At Stockhead we tell it like it is. While NickelSearch, James Bay Minerals, Ionic Rare Earths, Cohiba Minerals, Future Battery Minerals, Patriot Lithium, Carawine Resources, Metal Hawk, Summit Minerals, Pure Hydrogen, Golden Mile Resources, Victory Metals, Spartan Resources, Moho Resources, Argenica Therapeutics, Burley Minerals and Hastings Technology Metals are Stockhead advertisers, they did not sponsor this article.