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|
|RDN||Raiden Resources Ltd||0.035||21%||$66,391,435|
|PVT||Pivotal Metals Ltd||0.019||19%||$8,713,605|
|PRX||Prodigy Gold NL||0.007||17%||$10,506,647|
|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|
|AVA||AVA Risk Group Ltd||0.2||11%||$46,044,501|
|NMR||Native Mineral Res||0.052||11%||$9,472,174|
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.
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.
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.
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.