Good morning everyone, and welcome to Friday, December 1st.

Aussie shares are poised to slide lower on the first day of December after a mixed day on Wall Street. At 8am AEDT, the ASX 200 index futures was pointing down by -0.1%.

On Stockhead today…

S2 Resources (ASX:S2R) has begun a maiden drilling program at its Greater Fosterville project. The Mark Bennett-led explorer won the Victorian Government tender for the 394km2 tenement surrounding Agnico Eagle’s Fosterville gold mine in 2021. But can it find a repeat of Fosterville’s famous ~50g/t Swan Zone?

‎And Nadine McGrath’s got all the tech winners for November as the sector stretches its lead over the benchmark this year.

 

First, the day ahead…

TRADING HALTS

Memphasys (ASX:MEM) – Pending an announcement regarding capital raising

RocketDNA (ASX:RKT) – Pending an announcement regarding a capital raising

Estrella Resources (ASX:ESR) – Pending an announcement regarding the outcome of the awards ceremony in Dili for its Timor Leste Minerals Tender

Apollo Minerals (ASX:AON) – Pending an announcement regarding a capital raising

Surefire Resources (ASX:SRN) – Pending an announcement in relation to a Pre-feasibility Study having been completed

EV Resources (ASX:EVR) – Pending an announcement regarding a capital raising

Advanced Health Intelligence (ASX:AHI) – Pending the release of an announcement in relation to an agreement with a new partner

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: US$2,032.38 (-0.60%)

Silver: US$25.27 (+1.04%)

Nickel (3mth): US$17,122/t (+2.12%)

Copper (3mth): US$8,415/t (-0.68%)

Oil (WTI): US$75.71 (-2.76%)

Oil (Brent): US$80.47 (-2.90%)

Iron 62pc Fe: US$130.46/t (+0.06%)

AUD/USD: 0.6606 (-0.21%)

Bitcoin: US$37,790 (+0.02%)

 

WHAT GOT YOU TALKING

Clarity Pharmaceuticals (ASX:CU6) rose 8% this morning after results from its theranostic trial, SECuRE, evaluating 64Cu/67Cu-SAR-bisPSMA in patients with mCRPC (metastatic castration-resistant prostate cancer), showed that a patient had a drop in their PSA level to undetectable levels.

 

And then there was this…

 

YESTERDAY’S ASX SMALL CAP LEADERS

Here are the best performing ASX small cap stocks:

 

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Yesterday’s Small Caps highlights:

Cooper Metals (ASX:CPM) found more copper at its Brumby Ridge Prospect at the Mt Isa East Cu-Au project.

The latest assays look convincing – and the company says they “confirm bonanza copper grades” at Brumby Ridge.

For example, the drill hole called 23MERC028, returned:

– 71m @ 2.8% Cu & 0.05 g/t Au from 115m to end of hole at 186m, including:  24m @ 5.4% Cu and 0.10g/t Au from 115m hole 23MERC028 ended in mineralisation – 3m @ 1.88% Cu.

The company says that of the 5 drill holes to date, three have hit significant mineralisation and finished in mineralisation.

Meanwhile, Dragon Mountain Gold (ASX:DMG) has held its AGM.

The voting’s done and there was almost wholesale backing of the various resolutions including a 99.97% vote in favour of changing the company name.

Shares are up 50% so it must be a right cracker of a name – ‘cos Dragon Mountain Gold was pretty bloody good already.

 

YESTERDAY’S ASX SMALL CAP LAGGARDS

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