• Catalytic converters thefts are so high the NYPD is tweeting prevention tips
  • 40,000 were stolen last year alone in the UK, with £16m worth stolen since 2019
  • A legit recycler can recover $200k worth of palladium from 1t of catalytic converters

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

 

Three to seven grams of platinum group metals (PGMs) — mostly platinum, palladium and rhodium – go in every catalytic converter, which sit in your car exhaust to reduce polluting emissions.

Catalytic convertors account for as much as 80% of annual platinum and palladium production, respectively. In 2022, Metals Focus expects Total PGM demand to grow 11%, breaching 12.8Moz. That’s a record high.

It’s 1.2Moz more than 2021 and 200koz higher than pre-pandemic levels, driven by a 12.2% year-on-year growth in car production, and tighter emissions legislation in major markets – which mean more PGMs for your catalytic conversion pleasure.

Naturally, with platinum selling for $US1,023/oz, palladium around US$2,067.80and rhodium for a stunning  $US15,200/oz – it’s no surprise that thefts of catalytic convertors have skyrocketed.

 

How do I get palladium from an old catalytic convertor?

Glad you asked.

First, this is what a catalytic convertor looks like:

You crack the outer casing open to get to the good part, filled with PGEs like platinum, palladium and rhodium:

Pic: Mt. Baker Mining and Metals (mbmmllc), YouTube

And then just do what this guy does. Simple.


Three to seven grams per convertor means you need a minimum of five catalytic convertors and a near-flawless extraction/recovery process to score one ounce of PGMs.

But that ounce – depending on the metal mix — could be worth a lot.

 

Thefts have gone through the roof

Just last month four men were arrested in New Jersey after police found them with seven allegedly stolen catalytic converters, collectively valued at approximately US$5,600.

Colorado’s Auto Theft Prevention authority says that in 2019, thieves stole 189 of them.

That number jumped to more than 1100 in 2020 and then last year, thieves stole 9,000 catalytic converters.

Thieves are even stealing them from church vehicles and straight off UPS trucks. In Austin last week, 11 were stolen off cars parked at the airport for the Memorial Day weekend.

The NYPD is even tweeting tips to prevent theft:

 

And it’s not just happening in America, in the UK there are reports that around 40,000 catalytic converters were stolen last year alone, with a combined value since 2019 of more than £16million.

 

Legit companies are recycling precious metals

And it’s not just dodgy folks recycling PGMs, companies are popping up all over the joint to take advantage of the recycling thematic.

Mint Innovation reckons it can recover around $200k worth of palladium from 1t of catalytic converters.

The company also reckons it can recycle around $US12,000 worth of gold from one tonne of old circuit boards – not bad considering the price of gold is currently around $US1,871.50/oz.

Pic: Mint Innovation.

 

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 Price % Year % Six Month % Month % Week Market Cap
OKU Oklo Resources Ltd 0.155 24% 11% 76% 104% $73,151,989.46
BBX BBX Minerals Ltd 0.165 -37% 0% 43% 43% $75,903,543.38
SPQ Superior Resources 0.045 309% 150% 13% 29% $73,152,477.97
OAU Ora Gold Limited 0.014 -33% -7% -18% 27% $13,754,237.97
MEI Meteoric Resources 0.0165 -70% -3% 10% 27% $21,368,163.19
M24 Mamba Exploration 0.125 -54% -39% -11% 25% $5,271,875.38
TAR Taruga Minerals 0.024 -74% -40% 33% 20% $13,295,109.52
GSR Greenstone Resources 0.061 190% 126% 91% 20% $57,750,128.72
MEK Meeka Gold Limited 0.068 -9% 48% 48% 19% $60,745,427.49
OKR Okapi Resources 0.265 15% -35% -5% 18% $30,456,184.98
CY5 Cygnus Gold Limited 0.17 13% -6% 10% 17% $20,057,503.55
MM8 Medallion Metals. 0.275 -8% 41% 12% 17% $29,160,905.40
AL8 Alderan Resource Ltd 0.021 -63% -38% -13% 17% $8,085,755.52
ANX Anax Metals Ltd 0.105 8% 31% 11% 17% $38,040,675.20
WWI West Wits Mining Ltd 0.028 -69% -10% -7% 17% $53,424,741.37
VRC Volt Resources Ltd 0.022 -31% -21% 10% 16% $67,338,889.32
HMX Hammer Metals Ltd 0.061 -42% 49% -39% 15% $49,739,072.00
REZ Resourc & En Grp Ltd 0.035 25% -27% -26% 13% $17,493,202.62
EM2 Eagle Mountain 0.445 -56% -14% 31% 13% $111,026,252.69
AVW Avira Resources Ltd 0.0045 -25% -10% -25% 13% $9,534,555.00
BNR Bulletin Res Ltd 0.18 170% 120% -5% 13% $47,865,031.50
KCN Kingsgate Consolid. 1.71 90% 13% 25% 12% $362,965,542.92
AXE Archer Materials 0.795 7% -33% -6% 11% $191,319,749.39
LEX Lefroy Exploration 0.3 -76% -17% -2% 11% $43,762,400.40
NAG Nagambie Resources 0.053 -25% -24% 4% 10% $25,657,307.90
ARL Ardea Resources Ltd 1.265 171% 153% -16% 10% $206,231,392.98
GML Gateway Mining 0.011 -50% -31% -8% 10% $24,861,170.04
PRS Prospech Limited 0.046 -74% -38% -16% 10% $2,998,326.23
AZS Azure Minerals 0.295 9% -6% -11% 9% $88,559,680.49
VMC Venus Metals Cor Ltd 0.18 -14% -5% -8% 9% $27,949,556.36
AWJ Auric Mining 0.098 -37% -15% 14% 9% $5,494,796.99
NMR Native Mineral Res 0.185 -30% -31% -8% 9% $8,163,761.40
CHZ Chesser Resources 0.1 -31% -26% 0% 9% $56,459,818.56
CXU Cauldron Energy Ltd 0.014 -67% -44% 0% 8% $7,495,757.88
KRM Kingsrose Mining Ltd 0.07 19% -8% -1% 8% $52,676,856.33
KSN Kingston Resources 0.145 -36% -22% -12% 7% $55,723,874.27
PNR Pantoro Limited 0.29 26% -8% 7% 7% $441,006,086.36
BMO Bastion Minerals 0.15 -23% -35% -23% 7% $11,389,389.00
VAN Vango Mining Ltd 0.046 -30% -21% -6% 7% $60,477,006.34
MGV Musgrave Minerals 0.315 -27% -7% -3% 7% $163,837,749.45
G88 Golden Mile Res Ltd 0.05 -18% -9% -22% 6% $10,186,630.70
GTR Gti Energy Ltd 0.017 -20% -35% -15% 6% $21,915,813.94
SKY SKY Metals Ltd 0.085 -47% -9% -10% 6% $32,026,594.95
AAU Antilles Gold Ltd 0.071 15% -5% 8% 6% $24,738,347.27
BC8 Black Cat Syndicate 0.45 -38% -18% -13% 6% $77,845,796.16
SMI Santana Minerals Ltd 0.91 658% 184% -7% 6% $118,047,186.32
AAJ Aruma Resources Ltd 0.074 17% 3% -21% 6% $11,615,151.22
ADT Adriatic Metals 2.47 0% -8% 0% 6% $499,598,868.00
GED Golden Deeps 0.019 58% 36% 6% 6% $21,948,027.57
WAF West African Res Ltd 1.34 23% 5% 0% 6% $1,317,128,368.47
PGO Pacgold 0.63 0% 20% -11% 5% $34,625,943.45
SSR SSR Mining Inc. 29.34 21% 15% -5% 5% $533,091,723.57
MRZ Mont Royal Resources 0.34 1% -3% 0% 5% $22,792,223.34
AQI Alicanto Min Ltd 0.074 -47% -43% -24% 4% $28,394,807.66
BNZ Benzmining 0.62 -32% -9% -18% 4% $32,157,436.46
PNM Pacific Nickel Mines 0.075 50% -1% -18% 4% $20,345,689.20
NVA Nova Minerals Ltd 0.66 -51% -48% -13% 4% $116,230,473.83
SFR Sandfire Resources 5.64 -16% -4% 1% 4% $2,246,700,773.64
SLR Silver Lake Resource 1.595 -16% 0% -10% 4% $1,427,809,339.79
LCL Los Cerros Limited 0.061 -65% -53% -32% 3% $39,038,931.30
OGC OceanaGold Corp. 3.36 25% 38% -3% 3% $231,319,659.83
MXR Maximus Resources 0.068 -14% 13% -22% 3% $20,981,780.69
OZM Ozaurum Resources 0.185 12% 32% 32% 3% $10,584,960.00
PRU Perseus Mining Ltd 1.9575 40% 30% 0% 3% $2,589,555,488.27
GSN Great Southern 0.041 -22% -35% -29% 3% $21,294,683.44
WCN White Cliff Min Ltd 0.0205 14% 28% -21% 3% $13,072,067.24
EMR Emerald Res NL 1.24 14% 16% 9% 2% $743,463,879.99
DEG De Grey Mining 1.095 -31% -5% -6% 2% $1,465,197,266.00
TRM Truscott Mining Corp 0.049 48% 63% -4% 2% $7,445,135.66
NST Northern Star 8.97 -22% -1% -7% 2% $10,101,644,344.74
RED Red 5 Limited 0.4075 140% 57% 3% 2% $918,980,654.28
IVR Investigator Res Ltd 0.055 -48% -29% -5% 2% $71,944,937.48
TIE Tietto Minerals 0.4275 17% -1% -14% 2% $397,982,179.66
AUC Ausgold Limited 0.058 14% 29% -9% 2% $117,709,523.38
WGX Westgold Resources. 1.4275 -37% -22% -11% 2% $653,424,709.08
BRV Big River Gold Ltd 0.335 -11% 52% -3% 2% $73,822,447.53
AAR Astral Resources NL 0.088 -2% -4% -2% 1% $52,463,773.03
EVN Evolution Mining Ltd 3.8 -28% -1% -4% 1% $6,727,138,196.61
GBZ GBM Rsources Ltd 0.095 -30% -17% -17% 1% $48,109,418.87
NCM Newcrest Mining 24.885 -12% 8% -7% 1% $21,702,894,902.10
CMM Capricorn Metals 3.705 85% 31% -9% 1% $1,319,110,537.15
BGL Bellevue Gold Ltd 0.87 0% 14% -6% 1% $861,245,574.71
ALK Alkane Resources Ltd 1.05 8% 38% 0% 0% $607,495,088.40
SBM St Barbara Limited 1.225 -35% -5% -8% 0% $962,567,026.24
GOR Gold Road Res Ltd 1.335 -12% -1% -11% 0% $1,122,313,626.59
A1G African Gold Ltd. 0.14 -43% -22% -13% 0% $15,523,342.64
ADV Ardiden Ltd 0.011 0% -8% -24% 0% $29,351,688.92
AGC AGC Ltd 0.089 -44% -10% -7% 0% $6,027,728.28
AGC AGC Ltd 0.089 -44% -10% -7% 0% $6,027,728.28
AGS Alliance Resources 0.175 19% 5% 0% 0% $40,953,448.03
ANL Amani Gold Ltd 0.0015 50% 50% -25% 0% $34,940,161.69
AQX Alice Queen Ltd 0.005 -67% -55% -17% 0% $10,197,088.06
ASR Asra Minerals Ltd 0.038 12% 65% 31% 0% $50,919,081.16
AYM Australia United Min 0.006 -14% -25% -14% 0% $11,055,464.91
BYH Bryah Resources Ltd 0.047 -41% -10% -10% 0% $10,179,322.88
CGN Crater Gold Min Ltd 0.017 -11% 0% 0% 0% $21,063,473.65
CWX Carawine Resources 0.15 -40% -23% -29% 0% $20,675,152.05
DCX Discovex Res Ltd 0.007 8% 75% -13% 0% $17,980,648.53
DDD 3D Resources Limited 0.003 -50% -25% -14% 0% $12,545,616.28
DLC Delecta Limited 0.011 83% -8% 0% 0% $13,253,995.76
DTM Dart Mining NL 0.07 -56% -15% -4% 0% $9,468,211.20
ENR Encounter Resources 0.135 -15% -4% -10% 0% $41,238,187.38
FAU First Au Ltd 0.013 -28% 30% 8% 0% $10,645,842.34
G50 Gold50Limited 0.21 0% -25% -9% 0% $11,763,780.21
GNM Great Northern 0.005 -69% -29% -17% 0% $8,545,254.88
GRL Godolphin Resources 0.115 -28% -21% -12% 0% $9,674,376.96
HAW Hawthorn Resources 0.115 109% 15% -32% 0% $38,354,295.50
HXG Hexagon Energy 0.027 -69% -66% -27% 0% $13,848,729.33
ICL Iceni Gold 0.12 -42% -37% -31% 0% $16,665,535.64
KGM Kalnorth Gold Ltd 0.013 0% 0% 0% 0% $11,625,120.78
KNB Koonenberrygold 0.09 0% -40% -10% 0% $6,728,317.92
KTA Krakatoa Resources 0.077 43% 48% -27% 0% $25,853,243.78
KZR Kalamazoo Resources 0.34 -24% 0% -15% 0% $48,640,115.29
LNY Laneway Res Ltd 0.005 4% 4% 0% 0% $31,510,082.05
LYN Lycaonresources 0.44 0% 7% 14% 0% $12,985,500.00
MBK Metal Bank Ltd 0.005 -42% -38% -17% 0% $11,735,181.72
MDI Middle Island Res 0.135 23% 38% 4% 0% $16,526,459.97
MKR Manuka Resources. 0.21 -48% -36% -25% 0% $24,813,123.72
MTH Mithril Resources 0.007 -58% -58% -13% 0% $17,521,398.25
NAE New Age Exploration 0.01 -41% -9% -23% 0% $14,358,989.10
NES Nelson Resources. 0.019 -67% -37% -10% 0% $5,591,646.12
NPM Newpeak Metals 0.001 -50% -33% 0% 0% $8,853,750.03
NSM Northstaw 0.22 -28% -27% -21% 0% $8,827,940.00
PAK 0.011 0% 0% 0% 0% $0.00
PAKDB 0 0% 0% 0% 0% $0.00
PF1 Pathfinder Resources 0.5 67% 69% 0% 0% $26,560,505.00
PNX PNX Metals Limited 0.005 -48% -20% 0% 0% $22,220,289.04
POL Polymetals Resources 0.13 0% -10% -7% 0% $5,207,353.58
RDN Raiden Resources Ltd 0.011 -58% -54% -15% 0% $14,174,421.32
RDS Redstone Resources 0.007 -59% -46% -30% 0% $5,157,826.77
RML Resolution Minerals 0.01 -58% -44% -38% 0% $8,242,832.47
RXL Rox Resources 0.325 -25% -13% -14% 0% $54,905,807.78
S2R S2 Resources 0.185 16% -3% 28% 0% $64,147,473.90
SBR Sabre Resources 0.005 0% 0% 0% 0% $13,945,824.27
SFM Santa Fe Minerals 0.1 0% -5% -13% 0% $7,281,878.90
SMS Starmineralslimited 0.21 0% 17% 2% 0% $5,512,500.00
SVL Silver Mines Limited 0.19 -41% -5% -14% 0% $245,448,107.17
TCG Turaco Gold Limited 0.087 -28% -24% -11% 0% $37,211,350.20
THR Thor Mining PLC 0.013 -19% -7% -7% 0% $13,874,912.65
TMX Terrain Minerals 0.01 0% 18% 0% 0% $7,607,610.09
TMZ Thomson Res Ltd 0.028 -80% -57% -20% 0% $17,812,482.56
TRY Troy Resources Ltd 0.037 -20% 0% 0% 0% $31,631,563.33
TSC Twenty Seven Co. Ltd 0.003 -40% -25% -14% 0% $7,982,441.72
VKA Viking Mines Ltd 0.008 -76% -56% -27% 0% $7,176,809.02
WMC Wiluna Mining Corp 0.48251 -45% -45% -20% 0% $101,961,574.11
YRL Yandal Resources 0.21 -64% -46% -16% 0% $24,379,226.13
GMD Genesis Minerals 1.47 120% 5% 8% -1% $368,252,640.56
AGG AngloGold Ashanti 4.91 -22% -16% -15% -1% $438,010,126.15
DGO DGO Gold Limited 2.93 -17% 2% -10% -1% $234,060,708.33
MI6 Minerals260Limited 0.435 0% -21% -5% -1% $96,800,000.00
TTM Titan Minerals 0.078 -32% -18% -15% -1% $109,958,201.57
X64 Ten Sixty Four Ltd 0.75 -14% 1% -9% -1% $167,547,881.24
MAU Magnetic Resources 1.375 -8% -12% -4% -1% $308,471,376.13
AMI Aurelia Metals Ltd 0.335 -22% -19% -22% -1% $395,858,066.24
TBR Tribune Res Ltd 3.98 -22% -17% -12% -1% $208,822,946.46
SVY Stavely Minerals Ltd 0.32 -42% -36% -20% -2% $79,593,242.86
HAV Havilah Resources 0.27 8% 54% 46% -2% $82,098,790.61
MRR Minrex Resources Ltd 0.052 108% 27% -20% -2% $52,453,206.47
TAM Tanami Gold NL 0.052 -29% -20% -12% -2% $61,105,046.39
HCH Hot Chili Ltd 1.22 -36% -40% -22% -2% $131,439,233.04
KAL Kalgoorliegoldmining 0.115 0% -23% -23% -2% $8,329,979.00
AM7 Arcadia Minerals 0.225 0% 13% -15% -2% $7,873,312.50
BRB Breaker Res NL 0.22 19% -24% -10% -2% $68,426,595.09
NWM Norwest Minerals 0.042 -51% -47% -24% -2% $7,585,510.25
ADN Andromeda Metals Ltd 0.1025 -49% -36% 4% -2% $307,665,774.80
MKG Mako Gold 0.082 -13% -25% 1% -2% $31,343,811.36
CHN Chalice Mining Ltd 6 -31% -34% -15% -2% $2,182,114,627.67
RRL Regis Resources 1.96 -24% 14% -3% -2% $1,426,527,203.22
CLA Celsius Resource Ltd 0.0195 -54% -15% -7% -3% $23,818,582.48
PDI Predictive Disc Ltd 0.195 77% -11% -13% -3% $261,224,981.56
RSG Resolute Mining 0.2825 -53% -18% -19% -3% $303,581,168.00
CDT Castle Minerals 0.035 119% 40% -27% -3% $33,982,761.46
HRN Horizon Gold Ltd 0.35 -30% -13% -8% -3% $37,342,205.60
OBM Ora Banda Mining Ltd 0.035 -82% -46% -8% -3% $46,715,568.30
CST Castile Resources 0.17 -32% -13% -3% -3% $32,952,169.97
GMR Golden Rim Resources 0.063 -62% -32% -10% -3% $19,776,543.95
STN Saturn Metals 0.3875 -19% -14% 2% -3% $50,011,183.15
RGL Riversgold 0.042 13% 144% -37% -3% $28,742,287.96
XAM Xanadu Mines Ltd 0.028 -39% 4% -15% -3% $36,718,765.59
GCY Gascoyne Res Ltd 0.275 -48% -11% 2% -4% $114,999,493.50
GCY Gascoyne Res Ltd 0.275 -48% -11% 2% -4% $114,999,493.50
AME Alto Metals Limited 0.08 -13% -24% -4% -4% $42,243,000.96
GIB Gibb River Diamonds 0.053 -31% -41% -12% -4% $11,210,000.59
HMG Hamelingoldlimited 0.13 0% -13% -16% -4% $14,300,000.00
HMG Hamelingoldlimited 0.13 0% -13% -16% -4% $14,300,000.00
MEG Megado 0.13 -10% 37% -13% -4% $5,596,343.74
NXM Nexus Minerals Ltd 0.26 217% -49% -15% -4% $75,315,638.06
AUT Auteco Minerals 0.051 -45% -29% -28% -4% $105,432,410.57
MAT Matsa Resources 0.051 -39% -6% -22% -4% $18,306,685.62
RMS Ramelius Resources 1.265 -35% -16% -15% -4% $1,049,535,981.89
A8G Australasian Metals 0.375 121% -14% -17% -4% $15,027,230.31
HRZ Horizon 0.125 -7% -4% -7% -4% $73,836,776.00
ZNC Zenith Minerals Ltd 0.37 48% 51% -11% -4% $128,964,058.13
ERM Emmerson Resources 0.093 13% 22% -15% -4% $50,658,010.28
BTR Brightstar Resources 0.023 -34% -52% -18% -4% $14,877,799.99
PNT Panthermetalsltd 0.215 0% 0% -7% -4% $6,235,000.00
ARN Aldoro Resources 0.21 -32% -51% -26% -5% $20,834,853.69
DTR Dateline Resources 0.105 31% 33% -9% -5% $46,521,342.00
MHC Manhattan Corp Ltd 0.0105 -25% 5% -13% -5% $16,025,926.28
GSM Golden State Mining 0.062 -65% -32% -17% -5% $7,218,121.78
DRE Dreadnought Resources Ltd 0.041 71% -11% -7% -5% $113,547,342.04
ICG Inca Minerals Ltd 0.077 -49% -13% -18% -5% $37,080,114.38
KAU Kaiser Reef 0.185 -38% -5% -5% -5% $23,952,082.09
CYL Catalyst Metals 1.47 -27% -33% -11% -5% $144,730,464.06
DCN Dacian Gold Ltd 0.18 -38% -12% -22% -5% $189,888,486.03
IDA Indiana Resources 0.054 -32% -11% -16% -5% $25,057,816.80
RVR Red River Resources 0.18 -22% 0% -12% -5% $92,027,446.62
RND Rand Mining Ltd 1.42 4% -5% -5% -5% $80,763,864.62
STK Strickland Metals 0.07 133% 6% 1% -5% $89,676,265.00
PKO Peako Limited 0.017 -51% -23% -6% -6% $5,243,719.72
FEG Far East Gold 0.33 0% 0% -8% -6% $40,272,279.30
TLM Talisman Mining 0.165 -25% 6% -6% -6% $30,977,017.01
BAT Battery Minerals Ltd 0.008 -62% -43% -11% -6% $18,779,716.57
E2M E2 Metals 0.16 -50% -43% -27% -6% $31,861,171.68
BCN Beacon Minerals 0.031 -14% 0% -11% -6% $116,520,795.55
GBR Greatbould Resources 0.091 -13% -30% -8% -6% $37,968,495.57
SI6 SI6 Metals Limited 0.0075 -38% -25% -25% -6% $9,997,007.90
SLZ Sultan Resources Ltd 0.145 -50% -9% -3% -6% $12,076,236.41
CDR Codrus Minerals Ltd 0.084 0% -42% -7% -7% $3,360,000.00
TG1 Techgen Metals Ltd 0.14 -38% -20% -18% -7% $6,095,903.24
TBA Tombola Gold Ltd 0.055 20% 72% -4% -7% $50,628,232.72
MTC Metalstech Ltd 0.405 138% 16% 62% -7% $67,499,158.95
ASO Aston Minerals Ltd 0.13 -40% -13% -13% -7% $136,820,677.25
FG1 Flynngold 0.13 0% -24% -10% -7% $8,327,936.50
KWR Kingwest Resources 0.13 43% -37% -33% -7% $32,801,358.38
SAU Southern Gold 0.038 -49% -36% -21% -7% $8,106,492.73
ALY Alchemy Resource Ltd 0.025 50% 108% -14% -7% $22,873,777.37
KAI Kairos Minerals Ltd 0.025 -32% -7% -17% -7% $49,052,337.28
SNG Siren Gold 0.37 6% 21% -11% -8% $29,553,973.05
CAZ Cazaly Resources 0.036 -42% -18% -8% -8% $13,349,584.55
WRM White Rock Min Ltd 0.12 -80% -61% -40% -8% $20,840,297.28
GWR GWR Group Ltd 0.115 -52% 10% -15% -8% $40,152,081.88
TSO Tesoro Gold Ltd 0.069 -58% -8% 0% -8% $46,122,068.54
FML Focus Minerals Ltd 0.17 -43% -40% -28% -8% $48,714,969.65
GUL Gullewa Limited 0.068 -22% -15% -16% -8% $12,945,370.80
BGD Bartongoldholdings 0.22 0% 7% -1% -8% $18,884,799.12
LCY Legacy Iron Ore 0.022 38% 5% -15% -8% $140,950,176.38
ZAG Zuleika Gold Ltd 0.033 -13% 74% 3% -8% $17,211,170.63
LRL Labyrinth Resources 0.027 -48% -23% -31% -8% $22,707,535.63
CAI Calidus Resources 0.82 71% 40% -13% -9% $322,242,926.40
BMR Ballymore Resources 0.2 0% -9% -23% -9% $14,695,616.20
PGD Peregrine Gold 0.45 23% 17% -5% -9% $17,229,001.05
PUR Pursuit Minerals 0.02 -74% -38% -23% -9% $18,910,983.88
CEL Challenger Exp Ltd 0.245 -16% -17% -18% -9% $230,935,901.74
LM8 Lunnonmetalslimited 0.84 0% 147% -19% -10% $92,295,946.68
MVL Marvel Gold Limited 0.037 -26% -48% -23% -10% $26,059,816.69
MEU Marmota Limited 0.063 40% 47% 5% -10% $61,745,122.91
QML Qmines Limited 0.225 -45% -41% -20% -10% $14,967,377.78
MLS Metals Australia 0.08 100% 100% -43% -10% $32,625,183.45
SRN Surefire Rescs NL 0.034 55% 183% -28% -11% $47,626,567.91
CBY Canterbury Resources 0.05 -47% -44% -17% -11% $6,159,926.50
EMU EMU NL 0.016 -61% -27% -11% -11% $8,797,031.74
RMX Red Mount Min Ltd 0.008 -16% -20% -16% -11% $13,138,910.86
M2R Miramar 0.115 -45% -44% -36% -12% $7,347,642.68
RDT Red Dirt Metals Ltd 0.51 252% -25% 6% -12% $151,627,213.00
MZZ Matador Mining Ltd 0.17 -66% -48% -29% -13% $36,978,315.85
IPT Impact Minerals 0.01 -36% -24% -17% -13% $21,904,615.86
PUA Peak Minerals Ltd 0.013 -30% -9% -19% -13% $12,496,449.01
CPM Coopermetalslimited 0.44 0% 138% 4% -14% $12,159,000.00
KCC Kincora Copper 0.086 -71% -31% -18% -14% $6,298,263.23
AWV Anova Metals Ltd 0.012 -48% -40% -8% -14% $17,977,130.40
CTO Citigold Corp Ltd 0.006 -45% -40% -25% -14% $17,001,954.55
GMN Gold Mountain Ltd 0.006 -84% -66% -14% -14% $7,158,895.02
DEX Duke Exploration 0.11 -74% -44% -21% -15% $9,923,226.72
XTC Xantippe Res Ltd 0.01 400% 150% -23% -17% $69,147,512.09
BEZ Besragoldinc 0.072 0% -37% 31% -17% $12,373,197.12
PRX Prodigy Gold NL 0.019 -67% -49% -5% -17% $11,069,924.51
ARV Artemis Resources 0.032 -47% -60% -43% -18% $45,814,922.47
MOH Moho Resources 0.032 -59% -48% -29% -18% $4,424,375.60
MCT Metalicity Limited 0.004 -65% -54% -41% -20% $13,829,533.02
NML Navarre Minerals Ltd 0.062 -41% -13% -33% -23% $91,433,034.18
SIH Sihayo Gold Limited 0.003 -75% -63% 0% -25% $12,754,158.48
FFX Firefinch Ltd 0.3975 6% -51% -64% -63% $1,122,181,059.95
AOP Apollo Consolidated 0 -100% -100% -100% -100% $177,888,559.90
BDC Bardoc Gold Ltd 0 -100% -100% -100% -100% $154,075,451.40
KLA Kirkland Lake Gold 0 -100% -100% -100% -100% $52,690,000.00
TRN Torrens Mining 0 -100% -100% -100% -100% $9,218,941.94

 

SMALL CAP STANDOUTS

 

BBX MINERALS (ASX:BBX)

The Brazil focused gold explorer pulled up thin but high-grade palladium and platinum in drilling at the flagship ‘Três Estados’ project.

The results from TED 001, drilled in the 2021 drilling programme at the Tabocal prospect, included 2m @ 0.98g/t gold, 4.43g/t palladium and 10.82g/t platinum from 37m.

The mineralisation at BBX’s projects is weird. An ongoing test work program has been designed to fine-tune a preferred extraction technique.

It is early days, but BBX is excited, CEO Andre J Douchane says.

“This is only the second hole of 82 that need to be analysed. There will be many more assays in the coming days – almost exclusively from Três Estados,” he says.

“The Tres Estados prospect, which has 44 drill holes in it, was chosen by the technical team as potentially having the best area to quickly develop a JORC resource on.

“The next 20 or so drill holes analysed will either prove that assumption correct or not.”

The resurgent $78m market cap explorer is up 10% in 2022. It had $1.1m in the bank at the end of March, plus a financing facility worth $9.95m.

 

 

MAMBA EXPLORATION (ASX:M24)

The explorer bounced back from recent lows after entering a deal to acquire a rare earths and gold project called ‘The Don’ in the Kimberley region of WA.

It’s a good neighbourhood, with rare earths players PVW Resources (ASX:PVW)to the south and Northern Minerals (ASX:NTU) to the north of the project area.

“The company is always on the lookout for additional projects to enhance the value of our existing portfolio and ‘The Don’ certainly does that,” M24 managing director Mike Dunbar says.

“Given the success that PVW Resources to the south and Northern Minerals to the north have had exploring the same sedimentary formations and aged rocks for REEs and gold, it was surprising that this Project had not been secured by the other active explorers in the area.”

Dunbar is a proven mine finder and builder.

He was involved in the discovery and development of the +2moz Thunderbox gold mine, the delineation and development of the +1Moz Dalgaranga gold mine, and the discovery and delineation of the +1Moz Glenburgh gold deposit.

$6m market cap M24 is down 31% year-to-date. It had $3.7m in the bank at the end of March.

 

 

GREENSTONE RESOURCES (ASX:GSR)

GSR has raised $4.9m to fund PGE exploration right next door to Galileo’s (ASX:GAL) recent company changing discovery.

GSR and its ‘Mt Thirsty’ nickel-copper JV partner Conico (ASX:CNJ) have both been urging on nearology fervour since GAL hit palladium paydirt last month.

“… Prospective horizons from GAL appear to trend on to ground held by the Mt Thirsty Joint Venture,” director and shareholder of CNJ Guy Le Page says.

“It appears around 1.5km of this layered intrusion (Mission Sill) appear to strike on to the JV ground (figure below) and remain largely untested.”

Maiden drilling targeting extensions to Callisto will kick off within next 6-8 weeks, GSR says.

The cash will also be used to drill the ‘Burbanks’ and ‘Phillips Find’ gold projects.

“Greenstone is at transformational point, simultaneously growing the high-grade inventory at our flagship Burbanks Gold Project, while also maintaining aggressive exploration activities at both Mt Thirsty and Phillips Find,” GSR boss Chris Hansen says.

“With recent drilling over the past months at Burbanks North having returned multiple bonanza grade intercepts we have subsequently defined a new zone of mineralisation with a strike extent of over 1.5km and a depth of 450m, which still remains open in all directions.

“While exploration will continue to remain the core focus at both Burbanks and Phillips Find as we seek to expand the known mineralised horizon, we will shortly pursue a brief infill drill program at Burbanks North to support future resource estimates in this area.”

$48m market cap GSR is up 80% year-to-date.