In Case You Missed It: Servings of lithium and a sprinkle of rare earths

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 blue have made market-moving announcements (click headings to sort).

Code	Company	Price	% Today	Market Cap
MCT	Metalicity Limited	0.002	33%	$5,604,129
LYN	Lycaonresources	0.345	23%	$10,897,250
AW1	Americanwestmetals	0.36	22%	$103,036,790
SP3	Specturltd	0.029	21%	$5,418,837
FAU	First Au Ltd	0.003	20%	$3,629,983
RIE	Riedel Resources Ltd	0.007	17%	$12,356,442
BRX	Belararoxlimited	0.36	16%	$15,969,346
BEZ	Besragoldinc	0.225	13%	$70,772,378
ME1	Melodiol Glb Health	0.009	13%	$21,508,430
NET	Netlinkz Limited	0.009	13%	$28,244,227
ADX	ADX Energy Ltd	0.01	11%	$32,491,924
IDA	Indiana Resources	0.061	11%	$29,462,183
DES	Desoto Resources	0.12	9%	$6,591,915
RDN	Raiden Resources Ltd	0.012	9%	$22,607,958
BTR	Brightstar Resources	0.013	8%	$22,608,183
NIS	Nickelsearch	0.065	8%	$5,737,823
QEM	QEM Limited	0.22	7%	$30,112,694
IPT	Impact Minerals	0.016	7%	$42,670,558
NWM	Norwest Minerals	0.048	7%	$12,940,628
AZL	Arizona Lithium Ltd	0.019	6%	$56,933,763
IG6	Internationalgraphit	0.2	5%	$16,907,741
GRL	Godolphin Resources	0.04	5%	$5,144,944
FFF	Forbidden Foods	0.02	5%	$2,787,880
REE	Rarex Limited	0.041	5%	$26,082,243
BPM	BPM Minerals	0.085	5%	$5,343,749
AQI	Alicanto Min Ltd	0.044	5%	$22,694,146
DTR	Dateline Resources	0.022	5%	$17,994,300
MEK	Meeka Metals Limited	0.052	4%	$55,110,447
M2R	Miramar	0.056	4%	$5,990,047
LEL	Lithenergy	0.66	3%	$65,926,400
AR1	Australresources	0.195	3%	$61,495,312
SOR	Strategic Elements	0.1025	3%	$44,693,344
MAU	Magnetic Resources	0.84	2%	$194,302,309
PSC	Prospect Res Ltd	0.1175	2%	$53,159,838
AGN	Argenica	0.375	1%	$36,685,804
HAS	Hastings Tech Met	1.135	1%	$144,890,650
DEG	De Grey Mining	1.3675	1%	$2,115,904,661
VHM	Vhmlimited	0.59	1%	$89,625,302

Iris Metals (ASX:IR1) has uncovered multiple, wide, high-grade and shallow lithium intersections at its 100% owned Beecher Project in America’s South Dakota.

The Beecher pegmatite trend was mined sporadically between the 1920s and 1950s for lithium, beryllium, tantalum, mica and feldspar.

The results include 60m @ 1.21% Li₂O (true width) from 16m in BDH-23-001, including: 40m @ 1.40% Li₂O from 36m; and 22m @ 1.90% Li₂O from 46m.

Results from an additional 32 holes are pending assay results and are expected to be received in the coming weeks.

Perpetual Resources (ASX:PEC) has just signed an additional binding option agreement with RTB Geologia E Mineração LTDA to acquire a further three highly prospective exploration permits in Brazil – which cover about 5,000 more hectares in the lithium-rich region, comprising an area dubbed the Ponte Nova Prospects.

They expand on the area PEC acquired in mid-July, which is 20km from the Grota do Cirilo spodumene mine owned by C$5bn capped Sigma Lithium Corp (TSXV:SGML).

Latin Resources’ (ASX:LRS) advanced Colina project is also nearby, forming a pegmatite corridor between the projects, which potentially runs further northeast, about 40km, into these new permit areas.

West Cobar Metals (ASX:WC1) has clocked a major increase in the resource base of the Salazar clay-hosted rare earth element (REE) project in WA to 190Mt of 1172ppm TREO (total rare earth oxide) comprising Indicated + Inferred Resources.

“Combined with the metallurgical testwork results at the Newmont deposit, the Salazar Project is an outstanding and substantial REE clay deposit with 190Mt at 1172ppm,” MD Matt Szwedzicki said.

Balkan Mining (ASX:BMM) has received an exploration permit for the Gorge Lithium Project in the Georgia Lake pegmatite district of northern Ontario, Canada.

In actual fact, BMM has been eyeing up its further expansion into Canada for some time, having recently entered into a binding purchase and sale agreement to acquire 100% of the Barbara Lithium exploration project located in Ontario’s Thunder Bay North Mining District.

And Raiden Resources (ASX:RDN FRA:YM4) has reached a binding agreement to farm out up to 75% in the Kalabak copper-gold project in Bulgaria to Velocity Minerals.

At Stockhead we tell it like it is. While Raiden Resources is a Stockhead advertiser, it did not sponsor this article.