Top 10 at 10: Today is all about critical mineral discoveries, high grade gold, and large lithium loans

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).

EMetals (ASX:EMT) has picked up “exceptional” rock chips grading up to  26.47% niobium and 6.68% tantalum at the Beryl Well project in WA.

Ioneer (ASX:INR) has scored a $US700m loan to develop its flagship Rhyolite Ridge lithium-boron project from the U.S. Department of Energy (DOE).

The proposed DOE loan — coupled with Sibanye-Stillwater’s expected equity contribution to secure a 50% interest in the project — represents “a significant step towards a complete funding package for Rhyolite Ridge”.

White Cliff Minerals (ASX:WCN) says it has made a clay REE discovery at the Hines Hill project, with maiden drilling returning hits like 25m at 837ppm TREO from 6m depth.

Rincon Resources (ASX:RCR) reported high grade gold, copper and silver in rock chips at the Kiwirrkurra IOCG Project in WA.

And advanced gold project developer Black Cat Syndicate (ASX:BC8) has increased its Coyote underground resource to 356,000oz grading 14.6g/t – making it one of the highest grade deposits in Australia.

LOSERS

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