Top 10 at 10: +4% lithium rock chips = 130% gain

Pic: Sadeugra E+, Via Getty Images

Stockhead’s Top 10 at 10, published at ~10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data.

It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms.

The market opens at 10am (eastern time) and the data is taken at 10:15am, once every ASX stock has started trading.

WINNERS

Stocks highlighted in yellow have made market-moving announcements (click headings to sort).

Code	Company	Price	%	Volume	Market Cap
KTA	Krakatoa Resources	0.052	126%	30,277,153	$8,357,661
MRQ	Mrg Metals Limited	0.003	50%	333,333	$3,971,837
MTB	Mount Burgess Mining	0.0055	38%	40,328,969	$3,532,684
TOR	Torque Met	0.19	31%	1,130,020	$13,968,871
BKG	Booktopia Group	0.195	30%	7,700	$20,603,895
MXC	Mgc Pharmaceuticals	0.005	25%	3,845,010	$13,402,772
TSI	Top Shelf	0.18	24%	146,271	$12,204,582
LVT	Livetiles Limited	0.013	18%	90,000	$11,518,823
ICL	Iceni Gold	0.088	17%	66,854	$15,642,857
KGD	Kula Gold Limited	0.021	17%	413,339	$6,717,815

Krakatoa Resources (ASX:KTA) has picked up a bunch of high-grade rock chips – peak assay 4.3% Li2O – at Wilsons, part of the King Tamba project near Mount Magnet in WA.

The outcropping peggies at Wilsons (3-4m wide, +250m long) were historically drilled for tantalum but never assayed for lithium, KTA says.

First pass drilling at Torque Metals’ (ASX:TOR) Paris gold camp has returned a bunch of thick, high grade hits, including a highlight 35m @ 14.12 g/t Au from 157.85m.

Anything above 5g/t is generally considered high grade.

And Iceni Gold (ASX:ICL) has identified a new +500m long gold target at Monument North in WA, with rock chip sampling returning a highlight 57.6/t Au.

LOSERS

Stocks highlighted in yellow have made market-moving announcements (click headings to sort).

Code	Company	Price	%	Volume	Market Cap
NZS	New Zealand Coastal	0.0015	-40%	18,177,142	$4,135,025
MCT	Metalicity Limited	0.001	-33%	300,000	$5,604,129
SAN	Sagalio Energy Ltd	0.009	-31%	37,536	$2,660,582
OSM	Osmondresources	0.14	-26%	10,416	$7,540,890
CLE	Cyclone Metals	0.0015	-25%	1,107,524	$20,529,010
MRL	Mayur Resources Ltd	0.17	-17%	114,567	$63,926,025
MOH	Moho Resources	0.011	-15%	285,185	$3,374,511
AJQ	Armour Energy Ltd	0.003	-14%	1,350,000	$17,224,697
OAR	OAR Resources Ltd	0.003	-14%	350,001	$8,998,633
LV1	Live Verdure Ltd	0.085	-14%	20,691	$8,391,147