• Gold has peaked over the US$2000/oz mark recently and looks to stay there
  • Strickland Metals may just have WA’s next big gold discovery on it hands
  • Dalaroo sold off all its lithium assets to concentrate on its high-grade Au Goodbody deposit

 

Our Gold Digger column wraps all the news driving ASX stocks with exposure to precious metals.

Gold ‘benefits’ from economic disaster and the fallout of war.

When the US pulled out of Afghanistan gold jumped in the ensuing chaos. We then basically had a two-week holiday before Russia-Ukraine kicked off again. Now it’s Israel and Palestine.

Alongside a weakening USD and the sense that Central Banks are about to stop hikes rates, it is one of the leading factors pushing it back near all-time highs.

Bullion recently broke the significant $US2,000/oz barrier and is sitting at an attractive $US2,041/oz. Silver has also pushed above US$25/oz for the first time since July.

 

mining price chart (stk)
Gold is hitting record highs. Source: goldprice.org

 

Perhaps another reason why the hugely followed VanEck Gold Miners ETF , which holds 51 gold securities, is killing it lately, surging 16% in October after early year dips to be up 11% overall YTD – decent numbers indeed.

Won’t be long before a slew of mediocre lithium and rare earths explorers pivot back to precious metals, we reckon.

How did ASX precious metals miners perform this week?

All larger gold stocks on our list enjoyed high single digit/ low double digit gains this week led by Emerald Resources (ASX:EMR) +15%, West African (ASX:WAF) +13%, Resolute Mining (ASX:RSG) +18%, and Ramelius (ASX:RMS) +12%.

 

Best performing small caps over the past week 🚀

(data taken intra-day Friday)

Cooper Metals (ASX:CPM) +93% – copper/gold drilling results

Ballymore Resources (ASX:BMR ) +36% – placement

Turaco Gold (ASX:TCG) +30% – placement

 

Worst performing small caps over the past week 📉

(data taken intra-day Friday)

Minrex Resources (ASX:MRR) -27% – project update

Ozaurum Resources (ASX:OZM) -24% – no news

Antilles Gold (ASX:AAU) -18% – placement

 

Winners & Losers

Here’s how ASX-listed precious metals stocks are performing:

Scroll or swipe to reveal table. Click headings to sort. Best viewed on a laptop.

Stocks missing from this list? Email [email protected]

CODE COMPANY 1 WEEK RETURN % 1 MONTH RETURN % 6 MONTH RETURN % YEAR TO DATE RETURN % PRICE [INTRA FRI] MARKET CAP
CPM Coopermetalslimited 93% 315% 57% 77% 0.415 $27,076,858
BMR Ballymore Resources 36% 15% 11% 0% 0.15 $21,929,590
RGL Riversgold 36% 50% -12% -50% 0.015 $15,220,183
SIH Sihayo Gold Limited 33% 33% 0% 0% 0.002 $24,408,512
GML Gateway Mining 32% 4% -40% -58% 0.025 $7,292,616
TCG Turaco Gold Limited 30% 150% 140% 116% 0.125 $56,525,334
TMB Tambourahmetals 27% 43% 43% 57% 0.165 $13,685,158
USL Unico Silver Limited 26% 15% -10% -32% 0.115 $31,085,417
REZ Resourc & En Grp Ltd 25% 0% 25% -6% 0.015 $7,996,893
WCN White Cliff Min Ltd 25% 14% 108% -11% 0.0125 $16,595,271
SVG Savannah Goldfields 24% 7% -59% -67% 0.062 $11,425,093
TSO Tesoro Gold Ltd 24% 18% -38% -35% 0.0235 $23,019,807
ZAG Zuleika Gold Ltd 24% 40% 24% 0% 0.021 $10,984,063
QML Qmines Limited 22% 10% -23% -47% 0.088 $18,772,418
PKO Peako Limited 20% 20% -33% -59% 0.006 $2,635,424
ARD Argent Minerals 20% 20% 20% -14% 0.012 $12,968,793
AUN Aurumin 19% -14% -11% -59% 0.025 $7,961,077
GPR Geopacific Resources 19% 27% -5% -41% 0.019 $14,790,913
IVR Investigator Res Ltd 18% 5% -8% 10% 0.046 $67,546,991
RSG Resolute Mining 18% 18% -7% 115% 0.43 $926,136,756
CYL Catalyst Metals 17% 39% 33% -19% 0.96 $201,444,153
PUA Peak Minerals Ltd 17% 17% -13% -42% 0.0035 $3,644,818
GMN Gold Mountain Ltd 17% 17% 100% 0% 0.007 $13,614,472
VRC Volt Resources Ltd 17% 0% -22% -53% 0.007 $28,910,747
CLA Celsius Resource Ltd 17% 17% -44% -13% 0.014 $31,444,723
OAU Ora Gold Limited 17% -7% 180% 40% 0.007 $33,733,005
MEK Meeka Metals Limited 17% 5% 24% -38% 0.042 $49,810,275
GBR Greatbould Resources 16% 0% -19% -28% 0.065 $35,072,839
BTR Brightstar Resources 15% 25% 25% -12% 0.015 $28,737,501
SPR Spartan Resources 15% 18% 227% 193% 0.49 $465,582,059
HRZ Horizon 15% 6% -16% -38% 0.038 $26,637,380
EMR Emerald Res NL 15% 10% 53% 141% 2.855 $1,774,911,802
OBM Ora Banda Mining Ltd 15% 44% 70% 174% 0.23 $401,049,794
KCN Kingsgate Consolid. 15% 28% 17% -18% 1.42 $371,162,436
RMX Red Mount Min Ltd 14% 0% -11% -20% 0.004 $10,694,304
GSR Greenstone Resources 14% 0% -56% -75% 0.008 $12,313,021
CAI Calidus Resources 14% 14% 11% -26% 0.2 $118,996,216
A1G African Gold Ltd. 13% -15% -40% -59% 0.034 $5,756,581
WAF West African Res Ltd 13% 24% 7% -21% 0.9325 $959,415,727
TMX Terrain Minerals 13% -10% -44% -25% 0.0045 $6,090,425
NXM Nexus Minerals Ltd 13% 10% -40% -77% 0.045 $19,063,946
CTO Citigold Corp Ltd 13% -10% -10% -25% 0.0045 $12,931,466
RED Red 5 Limited 12% 16% 143% 78% 0.365 $1,211,766,238
MBK Metal Bank Ltd 12% 19% 34% 10% 0.037 $13,712,807
S2R S2 Resources 12% -12% 48% 9% 0.185 $69,715,559
RMS Ramelius Resources 12% 2% 28% 84% 1.715 $1,942,814,140
SBM St Barbara Limited 11% 5% -12% -39% 0.205 $171,773,780
SMI Santana Minerals Ltd 11% 44% 34% 27% 0.83 $135,151,946
AUC Ausgold Limited 10% 0% -36% -32% 0.032 $75,772,660
PNR Pantoro Limited 10% 80% -21% -44% 0.054 $275,813,617
VMC Venus Metals Cor Ltd 10% 5% 2% 40% 0.11 $20,870,155
DTR Dateline Resources 10% 22% -39% -70% 0.011 $15,098,874
RRL Regis Resources 10% 12% -3% -5% 1.95 $1,472,910,676
BNR Bulletin Res Ltd 10% 6% 162% 83% 0.17 $49,910,487
A8G Australasian Metals 10% -11% 0% -11% 0.17 $9,121,086
MZZ Matador Mining Ltd 10% 30% -19% -50% 0.057 $22,473,352
VKA Viking Mines Ltd 9% 20% 50% 20% 0.012 $13,328,360
SVL Silver Mines Limited 9% 6% -8% -10% 0.18 $245,758,125
MM8 Medallion Metals. 9% 13% -29% -58% 0.063 $19,382,054
TAM Tanami Gold NL 9% 9% 15% -3% 0.038 $44,653,688
WGX Westgold Resources. 9% 3% 42% 148% 2.17 $1,013,552,642
GBZ GBM Rsources Ltd 8% -28% -46% -70% 0.013 $7,443,862
ION Iondrive Limited 8% 0% -38% -48% 0.013 $6,321,709
MXR Maximus Resources 8% 33% 29% 33% 0.053 $17,633,317
NAG Nagambie Resources 8% 35% -34% -59% 0.027 $17,451,789
PRU Perseus Mining Ltd 8% 10% 4% -10% 1.9 $2,650,978,435
SLR Silver Lake Resource 8% 5% 4% -7% 1.1075 $1,023,545,045
NST Northern Star 7% 3% -2% 15% 12.505 $14,629,584,807
KSN Kingston Resources 7% 4% -17% 7% 0.087 $43,322,680
EVN Evolution Mining Ltd 7% 11% 18% 35% 4.02 $7,514,755,917
BGL Bellevue Gold Ltd 7% 14% 32% 49% 1.6875 $1,964,799,518
GMD Genesis Minerals 7% 19% 42% 42% 1.7725 $2,006,104,214
MRZ Mont Royal Resources 6% -8% 90% -6% 0.165 $13,167,190
SXG Southern Cross Gold 6% -3% 81% 16% 0.93 $81,500,339
LEX Lefroy Exploration 6% 6% -19% -35% 0.17 $33,371,298
CAZ Cazaly Resources 6% 0% 38% 6% 0.036 $14,220,108
SRN Surefire Rescs NL 6% -34% -44% -21% 0.0095 $17,449,154
GRL Godolphin Resources 6% 6% -36% -54% 0.038 $6,431,197
GSM Golden State Mining 6% 0% -37% -56% 0.019 $4,538,345
TLM Talisman Mining 6% 19% 0% 36% 0.19 $36,722,468
DEG De Grey Mining 5% 16% 5% 7% 1.375 $2,536,160,595
HXG Hexagon Energy 5% 25% -17% -41% 0.01 $5,129,159
STK Strickland Metals 5% 100% 376% 400% 0.2 $301,318,772
BNZ Benzmining 5% -22% -11% -24% 0.31 $34,622,807
TIE Tietto Minerals 5% 11% 26% -11% 0.625 $700,408,080
GOR Gold Road Res Ltd 5% 0% 9% 13% 1.915 $2,105,264,300
DRE Dreadnought Resources Ltd 5% 8% -40% -69% 0.0325 $110,622,250
AMI Aurelia Metals Ltd 5% 15% 0% -8% 0.11 $185,874,414
CWX Carawine Resources 5% -7% 12% 12% 0.11 $25,973,799
GUE Global Uranium 5% -8% 0% -27% 0.11 $20,823,266
ADN Andromeda Metals Ltd 5% 5% -38% -48% 0.023 $65,310,177
SSR SSR Mining Inc. 5% -20% -21% -23% 17.83 $418,758,220
AAR Astral Resources NL 4% 0% 5% 10% 0.079 $63,447,803
MAU Magnetic Resources 4% -1% 104% 23% 1.06 $258,742,702
EM2 Eagle Mountain 4% -18% -49% -67% 0.056 $16,773,177
MAT Matsa Resources 4% -22% -24% -24% 0.028 $13,402,873
BCN Beacon Minerals 4% 7% 0% 4% 0.029 $105,189,509
IDA Indiana Resources 3% 20% 36% 9% 0.06 $36,746,224
ASO Aston Minerals Ltd 3% -3% -62% -61% 0.031 $42,737,121
AAJ Aruma Resources Ltd 3% 0% -54% -40% 0.032 $6,497,420
ALK Alkane Resources Ltd 3% 11% -12% 24% 0.665 $404,303,002
KAU Kaiser Reef 3% 0% -17% 3% 0.17 $25,139,129
PGO Pacgold 3% -15% -38% -44% 0.2 $17,249,815
BC8 Black Cat Syndicate 2% 21% -33% -28% 0.255 $75,941,336
BGD Bartongoldholdings 2% 6% -6% 28% 0.255 $48,884,311
CMM Capricorn Metals 2% -1% 9% 1% 4.66 $1,804,599,240
HAV Havilah Resources 2% 13% 2% -20% 0.265 $87,075,783
XAM Xanadu Mines Ltd 2% -18% 10% 90% 0.055 $93,545,137
TRM Truscott Mining Corp 2% -7% 22% 37% 0.056 $9,708,555
CST Castile Resources 2% -8% -39% -38% 0.059 $14,272,243
ADT Adriatic Metals 1% -5% 3% 2% 3.22 $779,837,282
SFR Sandfire Resources 0% 2% 6% 13% 6.17 $2,815,073,209
MTC Metalstech Ltd 0% -15% -56% -73% 0.14 $26,876,154
FFX Firefinch Ltd 0% 0% 0% 0% 0.2 $236,569,315
DCX Discovex Res Ltd 0% 0% -20% -33% 0.002 $6,605,136
SLZ Sultan Resources Ltd 0% -6% -65% -81% 0.016 $2,371,041
PNX PNX Metals Limited 0% 33% 33% -5% 0.004 $21,522,499
YRL Yandal Resources 0% 64% 32% -8% 0.09 $17,199,592
FAU First Au Ltd 0% -20% -33% -50% 0.002 $2,923,987
GWR GWR Group Ltd 0% 0% 14% 27% 0.075 $24,091,249
GTR Gti Energy Ltd 0% 0% 14% -26% 0.008 $18,449,524
IPT Impact Minerals 0% 22% 0% 57% 0.011 $28,647,039
SMS Starmineralslimited 0% 3% -28% -50% 0.036 $2,733,221
AM7 Arcadia Minerals 0% 0% -39% -59% 0.085 $9,269,259
HMX Hammer Metals Ltd 0% 11% -29% -26% 0.05 $41,661,145
AVM Advance Metals Ltd 0% 0% -63% -70% 0.003 $2,377,897
WRM White Rock Min Ltd 0% 0% 0% -5% 0.063 $17,508,200
MCT Metalicity Limited 0% 0% 0% -33% 0.002 $6,376,629
M2R Miramar 0% -23% -58% -74% 0.02 $2,828,521
MHC Manhattan Corp Ltd 0% -20% -33% -27% 0.004 $11,747,919
GUL Gullewa Limited 0% -2% 0% -8% 0.055 $10,822,521
NAE New Age Exploration 0% 45% 33% 14% 0.008 $14,351,191
MTH Mithril Resources 0% 33% 0% -43% 0.002 $6,737,609
XTC Xantippe Res Ltd 0% 0% -58% -67% 0.001 $17,528,005
NML Navarre Minerals Ltd 0% 0% 0% -54% 0.019 $28,555,654
MEU Marmota Limited 0% 11% 31% -13% 0.042 $43,410,824
NVA Nova Minerals Ltd 0% -5% -12% -63% 0.255 $54,831,390
DCN Dacian Gold Ltd 0% -3% 235% 185% 0.285 $346,788,267
TBA Tombola Gold Ltd 0% 0% 0% 0% 0.026 $33,129,243
FML Focus Minerals Ltd 0% 3% -11% -33% 0.17 $50,147,763
HRN Horizon Gold Ltd 0% -5% -22% -6% 0.29 $42,003,578
KCC Kincora Copper 0% -10% -63% -64% 0.026 $4,163,303
DTM Dart Mining NL 0% -11% -66% -69% 0.017 $3,868,854
MKR Manuka Resources. 0% 13% -25% -47% 0.045 $25,313,403
ANX Anax Metals Ltd 0% -23% -59% -49% 0.027 $13,946,611
EMU EMU NL 0% 0% -50% -80% 0.001 $1,667,521
SFM Santa Fe Minerals 0% 0% -28% -46% 0.043 $3,131,208
X64 Ten Sixty Four Ltd 0% 0% 0% -11% 0.57 $130,184,182
SI6 SI6 Metals Limited 0% 9% 0% 0% 0.006 $11,963,157
TMZ Thomson Res Ltd 0% 0% 0% -74% 0.005 $4,881,018
WMC Wiluna Mining Corp 0% 0% 0% 0% 0.205 $74,238,031
BMO Bastion Minerals 0% -20% -48% -53% 0.016 $3,346,484
POL Polymetals Resources 0% 3% -13% 27% 0.31 $48,693,831
RDS Redstone Resources 0% -25% -25% -25% 0.006 $5,228,271
AVW Avira Resources Ltd 0% 0% -20% -33% 0.002 $3,200,685
PDI Predictive Disc Ltd 0% -6% 44% 28% 0.23 $486,037,361
TG1 Techgen Metals Ltd 0% 196% -2% 1% 0.083 $8,170,037
ARN Aldoro Resources 0% -15% -33% -48% 0.084 $11,308,394
TAR Taruga Minerals 0% 0% -38% -58% 0.01 $7,766,295
NES Nelson Resources. 0% 11% 0% -29% 0.005 $3,067,972
SPQ Superior Resources 0% -13% -31% -64% 0.02 $36,691,075
GNM Great Northern 0% 0% -33% -67% 0.02 $3,247,211
TNC True North Copper 0% -17% 136% 136% 0.125 $41,136,069
MOM Moab Minerals Ltd 0% -14% -33% -33% 0.006 $4,271,781
AWJ Auric Mining 0% 2% 20% -6% 0.06 $7,589,856
AYM Australia United Min 0% -33% -50% -33% 0.002 $3,685,155
ANL Amani Gold Ltd 0% 0% 0% 0% 0.001 $25,143,441
RXL Rox Resources 0% -17% -49% 9% 0.19 $68,406,091
KIN KIN Min NL 0% 13% 76% -8% 0.06 $71,867,183
CLZ Classic Min Ltd 0% 0% 0% -89% 0.001 $12,357,082
FAL Falconmetalsltd 0% 0% -52% -52% 0.135 $23,895,000
TMS Tennant Minerals Ltd 0% 21% 10% 10% 0.034 $25,061,302
PXX Polarx Limited 0% 0% -50% -65% 0.007 $10,917,317
LM8 Lunnonmetalslimited -1% -7% -31% -24% 0.68 $147,598,244
AZS Azure Minerals -1% 13% 740% 1656% 3.95 $1,811,784,321
HAW Hawthorn Resources -1% -3% 0% -20% 0.092 $30,151,405
TBR Tribune Res Ltd -1% -14% -17% -32% 2.75 $141,663,808
ARL Ardea Resources Ltd -1% -20% 18% -37% 0.45 $87,597,862
FG1 Flynngold -1% 26% 19% -18% 0.082 $10,910,607
AGC AGC Ltd -2% -9% 15% 3% 0.062 $6,200,000
ICL Iceni Gold -2% -5% -6% -24% 0.061 $14,631,286
ERM Emmerson Resources -2% -3% -12% -23% 0.058 $31,593,168
SVY Stavely Minerals Ltd -2% -17% -67% -76% 0.058 $21,388,645
BM8 Battery Age Minerals -2% -12% -30% -56% 0.22 $19,610,115
EMC Everest Metals Corp -2% -9% -4% 9% 0.086 $13,715,781
MEI Meteoric Resources -2% -15% -5% 287% 0.205 $398,539,911
BAT Battery Minerals Ltd -3% -11% -63% -68% 0.039 $4,425,366
IGO IGO Limited -3% -13% -42% -37% 8.465 $6,497,357,836
SPD Southernpalladium -3% -8% -23% -56% 0.36 $15,508,198
LYN Lycaonresources -3% -25% -31% -40% 0.165 $6,828,719
DLI Delta Lithium -3% -21% -26% -1% 0.46 $296,764,792
NWM Norwest Minerals -3% 0% -3% -44% 0.03 $8,627,085
PGD Peregrine Gold -3% 7% 0% -25% 0.29 $16,736,945
SNG Siren Gold -4% -11% -50% -70% 0.055 $8,742,349
HMG Hamelingoldlimited -4% -1% -29% -43% 0.082 $12,915,000
STN Saturn Metals -4% -4% -29% -25% 0.135 $27,491,434
TGM Theta Gold Mines Ltd -4% 0% 91% 91% 0.13 $91,789,751
TRE Toubaniresourcesinc -4% 13% -19% -19% 0.13 $17,402,537
RND Rand Mining Ltd -4% -4% 6% -8% 1.25 $71,094,951
FXG Felix Gold Limited -4% -14% -40% -58% 0.05 $5,935,320
KAL Kalgoorliegoldmining -4% -14% -27% -71% 0.024 $3,804,017
ARV Artemis Resources -4% -4% 118% -4% 0.024 $38,984,414
WWI West Wits Mining Ltd -4% -18% -4% -28% 0.0115 $29,164,700
CHN Chalice Mining Ltd -4% -24% -81% -78% 1.4025 $591,224,222
GAL Galileo Mining Ltd -4% -13% -58% -69% 0.2725 $54,346,855
KRM Kingsrose Mining Ltd -4% -10% -20% -34% 0.043 $33,111,167
G88 Golden Mile Res Ltd -5% 24% 0% 3% 0.021 $6,917,180
MVL Marvel Gold Limited -5% -5% -13% -60% 0.0105 $8,637,907
AME Alto Metals Limited -5% -7% -32% -39% 0.041 $29,996,404
GSN Great Southern -5% -5% 5% -31% 0.02 $15,847,339
PUR Pursuit Minerals -5% -18% -50% -44% 0.009 $26,495,743
PRS Prospech Limited -6% 70% -3% 27% 0.034 $9,010,159
CEL Challenger Gold Ltd -6% -22% -61% -62% 0.066 $88,169,568
GED Golden Deeps -6% -2% -18% -46% 0.049 $5,776,117
MDI Middle Island Res -6% -26% -59% -55% 0.016 $3,482,464
LCY Legacy Iron Ore -6% -6% 0% -16% 0.016 $105,712,632
HCH Hot Chili Ltd -6% -6% -9% 17% 1.02 $122,431,336
GIB Gibb River Diamonds -6% -23% -24% -48% 0.031 $6,556,793
KAI Kairos Minerals Ltd -6% -6% -13% -28% 0.015 $39,313,683
FEG Far East Gold -6% -6% -57% -69% 0.15 $27,090,932
ORN Orion Minerals Ltd -6% -17% -25% -6% 0.015 $81,830,486
MI6 Minerals260Limited -6% -12% -38% -13% 0.295 $67,860,000
AQI Alicanto Min Ltd -7% -17% 13% 0% 0.043 $26,459,483
CBY Canterbury Resources -7% 22% -10% -32% 0.028 $4,046,659
THR Thor Energy PLC -7% 8% -44% -53% 0.028 $5,221,784
PNT Panthermetalsltd -7% -24% -20% -70% 0.056 $3,424,400
AL8 Alderan Resource Ltd -7% -46% 30% -7% 0.0065 $7,194,598
BBX BBX Minerals Ltd -7% -7% -57% -76% 0.025 $15,756,296
GMR Golden Rim Resources -8% -48% -63% -65% 0.011 $6,507,472
WA8 Warriedarresourltd -9% -14% -58% -71% 0.05 $25,273,476
CDT Castle Minerals -9% 0% -38% -52% 0.01 $12,244,930
RDN Raiden Resources Ltd -10% 24% 1050% 868% 0.046 $113,721,618
ALY Alchemy Resource Ltd -10% -10% -44% -61% 0.009 $11,780,763
MLS Metals Australia -11% -13% -6% -24% 0.034 $23,089,339
TTM Titan Minerals -11% -16% -42% -56% 0.029 $49,669,253
PRX Prodigy Gold NL -11% 0% 14% -33% 0.008 $14,008,863
G50 Gold50Limited -11% -4% -20% -52% 0.12 $13,114,800
RML Resolution Minerals -11% -20% 0% -50% 0.004 $5,029,167
CXU Cauldron Energy Ltd -11% 68% 171% 132% 0.016 $15,850,288
KNB Koonenberrygold -11% -20% -20% -48% 0.032 $3,831,971
PNM Pacific Nickel Mines -11% -5% 9% 5% 0.087 $36,806,273
KTA Krakatoa Resources -12% 125% 96% 2% 0.045 $19,135,508
BEZ Besragoldinc -12% 0% -35% 188% 0.15 $60,624,631
SKY SKY Metals Ltd -12% -12% -16% -23% 0.037 $18,455,924
KZR Kalamazoo Resources -12% 17% -19% -48% 0.11 $19,707,489
BYH Bryah Resources Ltd -13% 17% -22% -45% 0.014 $6,504,109
NMR Native Mineral Res -13% -25% 0% -75% 0.027 $5,453,513
CY5 Cygnus Metals Ltd -13% -25% -34% -64% 0.135 $39,319,984
NSM Northstaw -13% 87% -45% -54% 0.071 $8,769,271
CDR Codrus Minerals Ltd -14% -7% -59% -56% 0.057 $4,998,188
M24 Mamba Exploration -14% 0% -66% -79% 0.031 $1,951,467
AQX Alice Queen Ltd -14% -50% -65% -82% 0.006 $872,952
MKG Mako Gold -14% -44% -65% -78% 0.009 $5,961,685
ADG Adelong Gold Limited -14% 0% -33% -14% 0.006 $3,279,773
LRL Labyrinth Resources -14% 0% -52% -63% 0.006 $7,125,262
ILT Iltani Resources Lim -15% -3% 0% 0% 0.145 $4,931,523
ZNC Zenith Minerals Ltd -15% 57% 4% -47% 0.14 $45,809,515
LCL LCL Resources Ltd -15% -19% -46% -61% 0.022 $16,680,394
ICG Inca Minerals Ltd -15% -39% -63% -52% 0.011 $6,428,791
MEG Megado Minerals Ltd -16% -30% -49% -42% 0.026 $7,124,756
ASR Asra Minerals Ltd -17% 15% -25% -63% 0.0075 $10,921,542
ENR Encounter Resources -17% 3% 7% 72% 0.31 $120,675,234
AZY Antipa Minerals Ltd -18% 0% 8% -33% 0.014 $62,022,119
AAU Antilles Gold Ltd -18% 7% -44% -23% 0.023 $17,663,955
SBR Sabre Resources -19% -13% 59% -8% 0.035 $13,759,373
MOH Moho Resources -21% 36% -32% -55% 0.0095 $5,100,666
ADVDB Ardiden Ltd -24% -16% -40% -40% 0.18 $11,253,151
OZM Ozaurum Resources -24% 31% 156% 67% 0.11 $17,462,500
MRR Minrex Resources Ltd -27% 14% 14% -50% 0.016 $17,357,880
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Top ASX juniors this week

Strickland Metals (ASX:STK)

STK has been on a tear the last couple of months after showing us the enormous potential of its Marwari gold project through exploration work.

The cashed up explorer only recently sold its Millrose gold project to Northern Star Resources (ASX:NST) for a whopping $61m, yet went straight back into exploration and is making discovery upon discovery in WA’s prolific Yandal Greenstone Belt.

The latest from Marwari is the extension of mineralisation which is now a whopping 1.1km long and a far cry from when it first showed the market it was 350m.

Step-out AC drilling has now demonstrated that Marwari doesn’t just extend at depths, it also extends (at least) southwards for 400m.

Notable intersections include:

16m @ 0.5g/t gold from 32m including 4m @ 1.3g/t gold and 4m @ 5.1g/t gold from 60m; and
64m @ 0.3g/t gold from 16m including 8m @ 1g/g gold and 10m @ 1.5g/t gold from 92m.

There’s likely more news on its way as its stock price seems only to have one direction at the moment – UP.

 

Dalaroo Metals (ASX:DAL)

Talk about being in the right place at the right time. The $3.35m junior has picked up $500,000 in cash and $500,000 in shares by selling its LCT rights for its Lyons River project in WA’s Gascoyne to Delta Lithium (ASX:DLI) .

That’s because it wants the extra cash to focus on the high-grade gold it’s struck at Goodbody just a few kilometres down the road from Delta’s Yinnetharra discovery.

DAL soared ~80% in early trade today, settling to a 44% rise by the afternoon on the back of the selling-off of its LCT mineral rights.

Gold-bearing quartz veins were samples at a now defined >200m strike at the Goodbody West area.

“Our Goodbody gold prospect presents itself as a compelling drill target with high-grade results of up to 6.25g/t Au in an overall 6km strike length gold anomalous zone,” DAL MD James Croser says.

 

Greenstone Resources (ASX:GSR)

GSR is hitting the books to review the potential of its Phillips Find and Burbanks gold projects in WA’s Goldfields region where at the latter, the explorer recently proved up bonanza Au grades of up to 1.55m @20.4g/t below the existing resource.

The historical 444,600oz Burbanks already has a granted mining lease, giving it the ability to quickly get into production once it settles on an economic plan to move forward.

Up to 66 holes have been identified to have the potential to intercept modelled ore lodes based off recent analysis.

“The recent open-pit optimisation work at Burbanks highlights the potential for a high-grade starter pit within the existing permitted footprint, with early discussions already underway with potential mining and processing partners,” GSR MD Chris Hansen says.

“Outside of the current mining optimisation program, the company has recently completed a detailed lithologic and petrographic review serving to identify up to 66 drill holes which may intercept previously modelled ore lodes.

“To put this resampling campaign into context, the typical ~10,000m drill campaigns previously completed by the company usually results in 30-40 holes being drilled.

“Importantly, the resampling does not require any further drilling, merely low-cost re-logging and sampling.”

Meanwhile, Phillips Find has resource of 732,960t @ 2.3g/t for 54,567oz Au that is either adjacent to, or below the historical open pits, with GSR conducting pit optimisation work.

 

While Strickland Metals and Greenstone Resources are Stockhead advertisers, they did not sponsor this article.