In Case You Missed It: Rare earths, copper and a dash of lithium
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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.
Code | Company | Price | % Today | Market Cap |
---|---|---|---|---|
CDR | Codrus Minerals Ltd | 0.092 | 31% | $5,305,300 |
MAG | Magmatic Resrce Ltd | 0.066 | 27% | $15,896,025 |
EFE | Eastern Resources | 0.01 | 25% | $9,935,572 |
DES | Desoto Resources | 0.13 | 24% | $6,292,283 |
RDN | Raiden Resources Ltd | 0.035 | 21% | $66,391,435 |
EMU | EMU NL | 0.003 | 20% | $3,625,053 |
PVT | Pivotal Metals Ltd | 0.019 | 19% | $8,713,605 |
CAV | Carnavale Resources | 0.007 | 17% | $20,001,310 |
PRX | Prodigy Gold NL | 0.007 | 17% | $10,506,647 |
SRZ | Stellar Resources | 0.014 | 17% | $12,071,571 |
KGD | Kula Gold Limited | 0.015 | 15% | $4,851,755 |
GCM | Green Critical Min | 0.008 | 14% | $7,956,095 |
RMX | Red Mount Min Ltd | 0.004 | 14% | $9,357,516 |
S3N | Sensore Ltd | 0.28 | 12% | $9,098,310 |
AVA | AVA Risk Group Ltd | 0.2 | 11% | $46,044,501 |
NMR | Native Mineral Res | 0.052 | 11% | $9,472,174 |
SP3 | Specturltd | 0.021 | 11% | $4,289,913 |
TUA | Tuas Limited | 2.09 | 10% | $883,423,850 |
EGR | Ecograf Limited | 0.12 | 9% | $49,785,106 |
PEB | Pacific Edge | 0.12 | 9% | $89,178,882 |
Codrus Minerals (ASX:CDR) says exploration drilling at its Karloning REE project in WA has returned some solid hits including a standout 29m at 5,915ppm TREYO from 12m, including 4m grading 12,366pmm (1.2%) from 24m.
Magmatic Resources (ASX:MAG) has recommenced diamond drilling at the greater Corvette and Kingswood prospect areas at its Myall copper project.
A program of work has been approved for drilling at Eastern Resources (ASX:EFE) Lepidolite Hill lithium project, which is adjacent to the Future Battery Minerals (ASX:FBM) Kangaroo Hills Lithium project.
Drilling at Desoto Resources (ASX:DES) Fenton project has hit the Fenton Shear Zone, an analogue to the +40Moz Lead gold deposit in South Dakota.
And Raiden Resources (ASX:RDN) has revealed a high-grade lithium and rubidium samples and a new 50m wide mineralised pegmatite at Andover South, grading up to 2.42% Li2O.
Strickland Metals (ASX:STK) hit a spectacular high-grade discovery of 31m grading 5.6 g/t gold at the newly identified Marwari trend at its Yandal project in WA.
Lithium Universe (ASX:LU7) has appointed Terry Stark as head of mining, Roger Pover as head of processing, Huy Nguyen as engineering manager and John Loxton as the head of lithium carbonate refinery today.
Ionic Rare Earths (ASX:IXR) has appointed DRA Global to review the Definitive Feasibility Study (DFS) for its 532Mt Makuutu rare earths project in Uganda.
Kula Gold (ASX:KGD) has drilled into stacked pegmatites at its Kirup project, down the road from the world-class Greenbushes lithium mine.
Ora Banda (ASX:OBM) has wrapped up the sale of its non-core Lady Ida tenements for $10 million, keeping the rights for all minerals other than gold and silver.
At Stockhead we tell it like it is. While Strickland Metals, Lithium Universe, Ionic Rare Earths, Raiden Resources, Desoto Resources, Kula Gold and Ora Banda are Stockhead advertisers, they did not sponsor this article.