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In Case You Missed It: New gold licence for Mantle, Stelar Metals to start lithium drill program
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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, that made announcements today.
ICYMI Leader Board
(Click headings to sort.)
| Code | Company | Price | % Today | Market Cap |
|---|---|---|---|---|
| MTL | Mantle Minerals Ltd | 0.0035 | 17% | $18,442,338 |
| SLB | Stelar Metals | 0.36 | 16% | $16,091,457 |
| TNC | True North Copper | 0.16 | 14% | $36,377,803 |
| EPM | Eclipse Metals | 0.0105 | 11% | $19,416,140 |
| CXM | Centrex Limited | 0.076 | 10% | $46,328,735 |
| ILA | Island Pharma | 0.08 | 10% | $5,932,598 |
| BCT | Bluechiip Limited | 0.023 | 10% | $16,528,850 |
| IVZ | Invictus Energy Ltd | 0.2175 | 9% | $258,033,368 |
| BUB | Bubs Aust Ltd | 0.1775 | 8% | $124,265,466 |
| ALV | Alvomin | 0.23 | 7% | $20,023,018 |
| RYD | Ryder Capital Ltd | 0.965 | 6% | $75,875,095 |
| 92E | 92Energy | 0.355 | 6% | $35,635,659 |
| IPX | Iperionx Limited | 1.47 | 5% | $304,456,726 |
| FPC | Fat Prophets Global | 0.85 | 4% | $24,408,224 |
| THR | Thor Energy PLC | 0.028 | 4% | $5,035,292 |
| FIN | FIN Resources Ltd | 0.03 | 3% | $18,010,026 |
| AEF | Australian Ethical | 4.44 | 3% | $487,218,465 |
Junior explorer Mantle Minerals (ASX:MTL) says it has been granted the Mt Berghaus gold exploration licence E45/5899, which covers 84km2 immediately north of the De Grey Mining (ASX:DEG) Hemi gold discovery in WA’s Pilbara region.
Stelar Metals (ASX:SLB) has announced its first hard rock lithium drilling program will start at the Trident Lithium Project in NSW with 3,000m of reverse circulation drilling planned to test the historic lithium prospects where high-grade rock chips up to 8.7% Li2O have been returned.
True North Copper (ASX:TNC) reports that advanced grade control drilling at Wallace North, Cloncurry, has clocked hits of up to 14.05% copper, 25.70g/t gold – both far exceeding resource modelling at the project.
More Top Small Cap Stories: Tuesday
Firetail Resources (ASX:FTL) has discovered lithium-caesium-tantalum (LCT) mineralisation at its Yalgoo-Dalgaranga project in WA using AI and machine learning tech of JV partner SensOre (ASX:S3N).
Race Oncology (ASX:RAC) has announced positive interim clinical results from an ongoing investigator-initiated Phase II study of its core asset bisantrene in combination with fludarabine and clofarabine in patients with relapsed or refractory Acute Myeloid Leukaemia (R/R AML).
Metallurgical tests conducted by the Australian Nuclear Science Organisation (ANSTO) have confirmed low acid consumption at the OD6 Metals (ASX:OD6) Splinter Rock project near Esperance in WA.
Dimerix (ASX:DXB) has received the initial upfront payment of €6.5 million (AU$10.7million) from Advanz Pharma after signing an exclusive license deal covering the European Economic Area, UK, Switzerland, Canada, Australia, and New Zealand for commercialisation of DMX-200 for treatment of FSGS following regulatory approval.
ADX Energy (ASX:ADX) is nearing the spud date of its Anshof-2 well at the Anshof field, expecting to both increase proven and probable (2P) reserves and increase oil production by about 300 barrels of oil per day (bopd).
At Stockhead we tell it like it is. While Firetail Resources, Race Oncology, OD6 Metals, Dimerix, and ADX Energy are Stockhead advertisers, they did not sponsor this article.
