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).

Wordpress Table Plugin

Top of the charts today was Voltaic Strategic Resources (ASX:VSR) on some promising lithium drilling results at Andrada, part of the Ti Tree project in the Gascoyne region of WA.

The 15-hole for 900m first pass program returned continuous pegmatite up to 58m thick, from surface across six targets.

All holes hit pegmatite – rock that contains lithium — which remains open at depth. Assays are due in about six weeks, VSR says.

Ti Tree sits around Delta Lithium’s (ASX:DLI) potentially monstrous Yinnetharra project, where the company recently hit 56m at 1.12% lithium as part of an extensive multi rig drill program. 

Next up was Besra Gold (ASX:BEZ) who’s US$300m Binding Gold Purchase Agreement with Quantum Metal Recovery Inc to secure a long term supply of gold for its bullion trading business is now legally binding.

The facility, paid over 30 months against future gold production ounces, enables BEZ to fully fund development of the ~3Moz Bau project in Malaysia’s Sarawak region.

“This extraordinary funding deal should provide ample funding for the development of Bau and allows us to bring the project into production in a way that is uniquely non-dilutive to our shareholders and to retain exposure to gold price movements, free of hedging or other onerous covenants,” exec chair Jocelyn Bennett says.

The company is now updating an old feasibility study completed back in 2013, with initial results due in the second half of 2023.

Pilot production is also pencilled in for later this year.

The Original Juice Co. (ASX:OJC) has entered into a juice supply agreement with Aldi China for three key products including an orange juice variant, apple juice variant and a mixed green juice variant under their private label brand ‘Urban Eaters’.

“OJC have worked really hard at growing domestic volumes within the supermarket retailers which will now provide a great launching pad to provide premium Austalian juice across various distribution channels both domestically and internationally,” CEO Steven Cail said.

“Our mission is to grow the company profitably, whilst getting as much Australian made beverages into consumers hands worldwide.” 

The company also executed Distribution Agreements with Evergrow and Happy Valley to distribute its orange and apple juice one litre varieties, into both the Chinese and Malaysian markets.

And speaking of new markets, FYI Resources (ASX:FYI) has entered the rare earths sector, through a binding heads of agreement that provides for the staged acquisition of 100% of Minhub Operations Pty Ltd (MOPL)

MOPL is collaborating with potential suppliers of rare earth rich mineral sands concentrate to provide a midstream processing solution via offtake of such concentrate, including from the heavy rare earth rich Gippsland and Murray Basins. 

Notably, MOPL and Arafura Rare Earths Limited (ASX:ARU) (Arafura) have signed a non-binding Co-operation Agreement to investigate the joint development of the Minhub Mineral Sands Processing facility in Australia’s Northern Territory.

At Stockhead we tell it like it is. While Voltaic Strategic Resources and Besra Gold are Stockhead advertisers, they did not sponsor this article.