On Stockhead today, Carl Capolingua gets charty for Stockhead, SEVEN explorers listing in the next two weeks, and Madonna and Beeple’s weird, NSFW NFTs.

But first … the day ahead.




The following companies went into trading halts today and are expected out in the next few days:

Amaero International (ASX:3DA) – trading halt pending an announcement in connection with a capital raising



Gold: $US1,848.73 (+0.58%)

Silver: $US21.65 (+1.93%)

Nickel (3mth): $US28,309/t (+0.83%)

Copper (3mth): $US9,228.50/t (-0.09%)

Lithium Carbonate, China (Benchmark Minerals Intelligence, May 12): $US72,175/t (-3.3% weekly)

Lithium Hydroxide, China (Benchmark Minerals Intelligence, May 12): $US72,775/t (-1.7% weekly)

Oil (WTI): $US102.04 (+2.29%)

Oil (Brent): $US104.68 (+2.73%)

Iron 62pc Fe: $US123 (-3.91%)

AUD/USD: $US0.69733 (-0.17%)

Bitcoin: $US30,611.03(-4.23%)



Everyone is frothing over Mark Creasy-backed explorer Galileo Mining’s major palladium-platinum discovery at the ‘Norseman’ project in WA.


And the AVZ drama continues…

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Also, be sure to check in at 10.20am each day for our daily ‘10 at 10’ column — a live summary of winners & losers at the opening bell.



 (Stocks highlighted in yellow rose after making announcements during the trading day).

Scroll or swipe to reveal table. Click headings to sort.

Code Company Last % Volume
GAL Galileo Mining Ltd 0.64 220% 56,539,373
CNJ Conico Ltd 0.016 45% 52,987,250
SOR Strategic Elements 0.205 41% 16,158,271
CCE Carnegie Cln Energy 0.002 33% 38,901,043
GSR Greenstone Resources 0.036 29% 4,676,556
AGR Aguia Res Ltd 0.062 24% 1,966,097
HAL Halo Technologies 0.705 24% 8,291
ENX Enegex Limited 0.06 22% 35,020
MRQ Mrg Metals Limited 0.009 20% 9,367,250
EPN Epsilon Healthcare 0.03 20% 448,693
EN1DA Engage:Bdr Limited 0.012 20% 649,600
MCT Metalicity Limited 0.006 20% 3,528,294
AIV Activex Limited 0.049 20% 258,245
CR9 Corellares 0.043 19% 223,433
CPM Coopermetalslimited 0.37 19% 422,994
WC1 Westcobarmetals 0.155 19% 251,367
3MF 3D Metalforge 0.025 19% 243,786
CMX Chemxmaterials 0.225 18% 95,147
DNK Danakali Limited 0.295 18% 329,891
GSN Great Southern 0.049 17% 158,574
AMD Arrow Minerals 0.0035 17% 100,000
CML Chase Mining Limited 0.014 17% 375,520
DDD 3D Resources Limited 0.0035 17% 1,796,792
IEC Intra Energy Corp 0.014 17% 187,679
ROG Red Sky Energy. 0.007 17% 25,917,278
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The hands-down winner is Creasy-backed digger Galileo Mining (ASX: GAL) who exploded out of the blocks after sharing news of a major palladium-platinum discovery at the ‘Norseman’ project in WA.

Apparently, all it took was six holes at its Callisto discovery to whack right on to a significant mineralised sulphide unit tucked nicely under an ultramafic sill.

Assays from a further five drill holes are pending, but GAL has already flagged strong geological continuity “with all drill holes intersecting disseminated sulphides”.

The discovery hole at the ‘Callisto’ prospect returned a 33m-long intersection grading 2g/t 3E (1.64g/t palladium, 0.28g/t platinum, 0.09g/t gold), 0.32% copper & 0.30% nickel from 144m.

This 33m assayed intersection occurs within a wider 55m disseminated sulphide zone (126–181m), “indicating the potential for a large mineralised system”, GAL says.

Being on a granted mining lease also means the explorer could potentially accelerate development at Callisto if resource drilling is successful.

There are already geological similarities to South Africa’s colossal ‘Platreef’ palladium-platinum-gold-rhodium-copper-nickel deposits, GAL MD Brad Underwood says.

“This an exceptional result from our Norseman project and with every drill hole undertaken so far intersecting mineralisation, we are hopeful that the initial drill hole will translate into a high-quality resource for mining,” he says.

“While we are at an early stage in the discovery process, the thick and consistent zone of mineralisation, and the extensive prospective strike length, suggests the potential for a large mineralised system.”

This is the latest in string of successes for famed prospector Mark Creasy, who owns 24.6% of GAL and is now several million dollars richer at the close of trade.

Also climbing higher was Strategic Elements (ASX:SOR), up over 40% and looking comfy.

SOR’s action came after it reported that its fully owned subsidiary AAM and research partner The University of New South Wales has succeeded in generating electricity from moisture.

SOR says this firmly establishes the technology as a world leader globally, and also broadens its potential use in electronics with enhanced power requirements.



(Stocks highlighted in yellow fell after making announcements during the trading day).

Scroll or swipe to reveal table. Click headings to sort.

Code Company Price % Volume
IPTRA Impact Minerals - Rights 13-May-22 0.001 -50% 7,194,907
BGT Bio-Gene Technology 0.155 -26% 3,669,132
ARE Argonaut Resources 0.003 -25% 14,397,433
GGX Gas2Grid Limited 0.002 -20% 60,000
VOL Victory Offices Ltd 0.08 -19% 95,316
HIQ Hitiq Limited 0.072 -18% 322,500
AUZ Australian Mines Ltd 0.13 -17% 6,291,164
BEL Bentley Capital Ltd 0.082 -17% 52,873
FGL Frugl Group Limited 0.015 -17% 229
HVM Happy Valley 0.05 -17% 314,161
MHK Metalhawk. 0.2 -17% 352,199
CTO Citigold Corp Ltd 0.005 -17% 4,261,658
TMK TMK Energy Limited 0.01 -17% 5,094,252
HPP Health Plant Protein 0.13 -16% 15,000
FRM Farm Pride Foods 0.135 -16% 37,500
LNK Link Admin Hldg 4.22 -15% 29,101,022
CVV Caravel Minerals Ltd 0.22 -15% 112,686
LAM Laramide Res Ltd 0.765 -15% 500
HCT Holista CollTech Ltd 0.03 -14% 114,094
OEX Oilex Ltd 0.003 -14% 2,410,743
PYR Payright Limited 0.12 -14% 12,791
TSC Twenty Seven Co. Ltd 0.003 -14% 1,700,159
TGH Terragen 0.155 -14% 232,111
REC Rechargemetals 0.3 -13% 230,122
MMI Metro Mining Ltd 0.02 -13% 22,807,473
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The giant German chemical firm, BASF, has done a total runner on Aussie-listed Bio-Gene Technology (ASX:BGT).

The pair were tinkering together with BGT’s stored grain pest program, but now BASF has said it won’t continue with the program for “internal reasons.”

That’s a bit cloak and dagger, but not that it matters – in the end – BGT has taken a big hit to the share price and is short a giant partner.

Bio-Gene says it’s still upbeat with the new data and will continue to work with Department of Agriculture & Fisheries Queensland Government and the Grains Research & Development Corporation to advance the program.