• Gold is down 5% for July and on a broader downward trajectory, Metals Focus says
  • Aeris Resources’ Golden Plateau deposit could extend the mine life at Cracow
  • Golden State Mining has kicked off drilling at the Yule project in WA

 

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

 

Gold had quite the rally in the wake of the start of the Russia-Ukraine war, but the yellow metal is down more than 5% for July so far, currently trading at US$1,717.55.

“With respect to gold, even as economic uncertainty abounds, dollar strength has undermined its prospects this year,” Metals Focus says.

Another key narrative that has worked against gold is that the possibility of stagflation – especially in the US – has faded in recent months as the labour market remains strong at a time when inflation is potentially cooling.

After a strong rally in the early part of the year, commodity prices have corrected sharply over the last two months which has led to a fall in forward inflation expectations and the anticipation that the Fed will keep hiking in the short to medium term.

“This is likely to keep the possibility of a further price correction in gold relatively high in the short term,” Metals Focus said.

“That aside, if other central banks, mainly the ECB, starts raising interest rates meaningfully, the dollar index could start to retrace some of the gains seen this year and in turn help gold prices stage a rebound.

“A short-term recovery aside, this scenario is however unlikely to alter the broader downside trajectory for gold.”

Gold Price 22 July
Oof, bit of a slippery slope for gold this quarter. Source: Gold.org

 

Upside risks could help gold recover

But Metals Focus says there are several upside risks remaining which could help the gold price recover meaningfully from current levels.

“These include a broad recession, or a synchronised global slowdown exacerbated by COVID worries in China or energy shortages in Europe during the winter months,” it said.

“This in turn could mean that rate hikes may peak early next year, and central banks may potentially start cutting interest rates to prevent a major slowdown.

“While current expectations of Fed policy derived from Fed Fund futures do suggest that rate cuts are possible next year, gold prices have so far not reacted positively to such possibilities.

“This could however change if economic data start pointing out that recessionary pressures are building in earnest.”

 

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
HMX Hammer Metals Ltd 0.067 -20% 2% 31% 43% $49,739,072.00
ADV Ardiden Ltd 0.0085 6% -50% 6% 42% $24,015,018.20
AWV Anova Metals Ltd 0.012 -33% -40% 33% 33% $16,479,036.20
ARL Ardea Resources Ltd 1.12 155% 79% 34% 32% $193,501,060.08
AXE Archer Materials 0.765 -40% -37% 32% 31% $180,138,725.08
BAT Battery Minerals Ltd 0.0065 -62% -46% 18% 30% $17,426,838.70
E2M E2 Metals 0.16 -47% -43% 28% 28% $29,869,848.45
KTA Krakatoa Resources 0.06 20% 3% 9% 28% $20,337,885.10
CLA Celsius Resource Ltd 0.019 -42% -41% 46% 27% $20,764,918.06
CEL Challenger Exp Ltd 0.195 -29% -34% -11% 26% $205,542,716.00
LNY Laneway Res Ltd 0.005 4% -13% 25% 25% $31,510,082.05
LM8 Lunnonmetalslimited 0.86 91% -5% 14% 24% $93,394,707.95
KAU Kaiser Reef 0.195 -21% -5% 22% 22% $25,318,939.23
LCL Los Cerros Limited 0.034 -80% -70% -8% 21% $21,471,412.22
PKO Peako Limited 0.017 -50% -15% 13% 21% $5,243,719.72
ZNC Zenith Minerals Ltd 0.315 21% -10% 17% 21% $98,257,249.52
TIE Tietto Minerals 0.475 36% -3% 44% 20% $426,983,375.78
ADN Andromeda Metals Ltd 0.09 -42% -61% 20% 20% $289,044,784.18
MTH Mithril Resources 0.006 -68% -59% 20% 20% $17,581,398.25
ALY Alchemy Resource Ltd 0.018 23% 38% 20% 20% $17,155,333.03
GSM Golden State Mining 0.05 -67% -58% 14% 19% $5,588,223.31
KCC Kincora Copper 0.064 -73% -51% 7% 19% $4,709,383.62
NWM Norwest Minerals 0.033 -60% -54% 18% 18% $5,779,436.38
AQX Alice Queen Ltd 0.0035 -73% -65% -13% 17% $5,948,301.37
PRX Prodigy Gold NL 0.014 -64% -58% -7% 17% $8,156,786.48
WCN White Cliff Min Ltd 0.014 -7% -44% -18% 17% $9,150,447.07
VKA Viking Mines Ltd 0.007 -61% -56% 17% 17% $7,176,809.02
RML Resolution Minerals 0.0105 -58% -42% 40% 17% $8,323,850.80
GMN Gold Mountain Ltd 0.007 -71% -50% 40% 17% $8,352,044.19
AVW Avira Resources Ltd 0.0035 -30% -30% 0% 17% $8,475,160.00
CDR Codrus Minerals Ltd 0.08 -57% -38% 5% 16% $3,360,000.00
MRR Minrex Resources Ltd 0.038 100% -43% 9% 15% $36,044,996.67
GRL Godolphin Resources 0.115 -34% -18% 21% 15% $8,414,770.10
A8G Australasian Metals 0.23 77% -63% 12% 15% $9,675,066.09
CST Castile Resources 0.16 -18% -20% -3% 14% $28,957,967.55
IPT Impact Minerals 0.008 -41% -41% 0% 14% $17,369,593.89
MOH Moho Resources 0.024 -62% -61% -14% 14% $3,831,860.71
XTC Xantippe Res Ltd 0.008 300% -33% 14% 14% $63,689,188.51
BYH Bryah Resources Ltd 0.032 -44% -48% 3% 14% $7,012,422.43
SI6 SI6 Metals Limited 0.008 -43% -27% 60% 14% $11,905,512.63
TMZ Thomson Res Ltd 0.024 -78% -71% 0% 14% $15,511,472.06
IVR Investigator Res Ltd 0.043 -35% -39% 2% 13% $55,957,173.59
MLS Metals Australia 0.052 30% 30% 13% 13% $26,129,664.79
ASO Aston Minerals Ltd 0.105 -25% -30% 31% 13% $116,920,748.07
MAT Matsa Resources 0.045 -38% -30% 0% 13% $15,076,094.04
MBK Metal Bank Ltd 0.0045 -48% -25% -10% 13% $11,735,181.72
CHN Chalice Mining Ltd 4.46 -28% -46% 17% 12% $1,648,181,709.72
OBM Ora Banda Mining Ltd 0.049 -64% -15% 75% 11% $67,325,377.85
M2R Miramar 0.1 -43% -47% 12% 11% $5,584,239.68
BGD Bartongoldholdings 0.2 0% -9% 5% 11% $17,621,640.72
THR Thor Mining PLC 0.01 -33% -23% 25% 11% $10,689,009.73
S2R S2 Resources 0.15 15% -29% 7% 11% $55,238,102.53
TLM Talisman Mining 0.15 -19% -9% 7% 11% $28,160,924.55
KNB Koonenberrygold 0.08 0% -48% 4% 11% $5,980,727.04
MI6 Minerals260Limited 0.3 0% -52% 3% 11% $69,300,000.00
TCG Turaco Gold Limited 0.051 -49% -58% -27% 11% $21,813,550.12
YRL Yandal Resources 0.155 -71% -59% -14% 11% $18,574,648.48
GCY Gascoyne Res Ltd 0.26 -16% -7% 13% 11% $106,508,813.50
GCY Gascoyne Res Ltd 0.26 -16% -7% 13% 11% $106,508,813.50
LRL Labyrinth Resources 0.022 -29% -45% 10% 10% $19,214,068.61
CDT Castle Minerals 0.0285 104% -38% 14% 10% $26,986,310.57
NXM Nexus Minerals Ltd 0.23 156% -41% 10% 10% $63,728,616.82
NAG Nagambie Resources 0.069 -19% 0% 53% 10% $34,380,792.59
MTC Metalstech Ltd 0.355 99% 20% 3% 9% $53,332,668.80
MEI Meteoric Resources 0.012 -76% -33% 0% 9% $19,078,717.14
HXG Hexagon Energy 0.024 -67% -66% 14% 9% $12,822,897.53
SFR Sandfire Resources 4.155 -30% -40% -15% 9% $1,734,223,407.39
GSR Greenstone Resources 0.05 138% 72% 6% 9% $50,222,730.76
MXR Maximus Resources 0.05 -31% -32% 9% 9% $14,941,571.10
ENR Encounter Resources 0.13 -7% -16% 0% 8% $38,066,019.12
BRB Breaker Res NL 0.2 25% -22% 5% 8% $66,797,390.45
BC8 Black Cat Syndicate 0.335 -42% -44% 2% 8% $65,158,423.38
GTR Gti Energy Ltd 0.014 -21% -39% 8% 8% $22,387,253.69
NAE New Age Exploration 0.007 -42% -56% 0% 8% $9,333,342.92
RMX Red Mount Min Ltd 0.007 -30% -36% 17% 8% $11,496,547.01
KAL Kalgoorliegoldmining 0.15 0% 3% 36% 7% $10,865,190.00
CHZ Chesser Resources 0.09 -18% -22% 13% 7% $52,931,079.90
RSG Resolute Mining 0.2675 -55% -25% 7% 7% $281,575,939.10
CMM Capricorn Metals 3.375 86% -5% -4% 7% $1,219,914,606.80
SVL Silver Mines Limited 0.16 -29% -30% 0% 7% $200,233,982.17
AAJ Aruma Resources Ltd 0.064 14% -32% -4% 7% $10,830,343.71
AWJ Auric Mining 0.065 -55% -46% -13% 7% $3,951,111.97
RED Red 5 Limited 0.245 40% -13% -23% 7% $565,625,457.60
NSM Northstaw 0.165 -53% -44% 0% 6% $6,620,955.00
VMC Venus Metals Cor Ltd 0.17 0% -15% 6% 6% $27,213,376.11
RDS Redstone Resources 0.0085 -29% -39% 42% 6% $5,894,659.17
PUR Pursuit Minerals 0.017 -71% -37% -6% 6% $16,886,086.30
KRM Kingsrose Mining Ltd 0.054 -2% -43% -5% 6% $40,636,432.03
TBR Tribune Res Ltd 3.9 -22% -20% -1% 5% $206,199,542.61
WWI West Wits Mining Ltd 0.02 -74% -52% -13% 5% $39,195,552.98
ANX Anax Metals Ltd 0.08 16% -18% -7% 5% $32,450,252.80
PDI Predictive Disc Ltd 0.2 48% -23% 8% 5% $312,214,275.95
STK Strickland Metals 0.06 18% -8% 0% 5% $80,710,224.02
SPQ Superior Resources 0.04 167% -30% 21% 5% $62,945,155.47
GOR Gold Road Res Ltd 1.21 -9% -21% 2% 5% $1,268,592,804.44
WGX Westgold Resources. 1.22 -33% -40% -4% 5% $577,819,730.60
WMC Wiluna Mining Corp 0.205 -76% -79% -31% 5% $74,238,030.68
PRU Perseus Mining Ltd 1.6975 11% 10% -3% 5% $2,326,707,431.95
AUC Ausgold Limited 0.042 -2% -11% -15% 5% $85,237,930.72
RMS Ramelius Resources 1.0025 -41% -37% -9% 5% $884,732,811.18
SRN Surefire Rescs NL 0.022 57% 69% 5% 5% $33,208,633.02
EM2 Eagle Mountain 0.22 -71% -65% -12% 5% $55,665,000.57
PGD Peregrine Gold 0.44 -6% -30% 13% 5% $16,271,834.33
KWR Kingwest Resources 0.067 -21% -67% -4% 5% $16,279,192.68
AUT Auteco Minerals 0.045 -61% -48% 22% 5% $93,028,597.56
BNR Bulletin Res Ltd 0.115 92% -18% -12% 5% $32,185,021.00
XAM Xanadu Mines Ltd 0.023 -36% -26% 0% 5% $32,481,984.95
HRZ Horizon 0.07 -42% -46% -30% 4% $41,644,535.86
NML Navarre Minerals Ltd 0.047 -52% -50% -10% 4% $67,498,309.80
BGL Bellevue Gold Ltd 0.715 -25% -14% -3% 4% $716,845,119.07
AGC AGC Ltd 0.072 -50% -27% -3% 4% $4,876,364.45
AGC AGC Ltd 0.072 -50% -27% -3% 4% $4,876,364.45
SLR Silver Lake Resource 1.345 -23% -28% -6% 4% $1,258,678,685.70
MGV Musgrave Minerals 0.245 -28% -27% -18% 4% $134,293,237.25
MAU Magnetic Resources 1.015 -34% -29% -20% 4% $232,368,014.57
HRN Horizon Gold Ltd 0.385 -2% -10% 17% 4% $47,626,440.02
HAW Hawthorn Resources 0.084 83% -16% 4% 4% $28,015,311.49
RGL Riversgold 0.028 -14% 55% -3% 4% $21,178,527.97
AM7 Arcadia Minerals 0.145 -15% -47% -28% 4% $7,004,683.80
TTM Titan Minerals 0.058 -52% -50% -12% 4% $83,203,011.45
ARN Aldoro Resources 0.145 -65% -61% 0% 4% $14,418,410.97
CY5 Cygnus Gold Limited 0.15 11% -17% -3% 3% $17,697,797.25
FML Focus Minerals Ltd 0.15 -44% -47% -3% 3% $42,983,796.75
SAU Southern Gold 0.033 -51% -47% -13% 3% $7,039,848.95
RRL Regis Resources 1.575 -38% -25% -10% 3% $1,192,864,273.04
RND Rand Mining Ltd 1.44 -3% -1% 2% 3% $82,185,763.65
BMR Ballymore Resources 0.185 0% -8% -5% 3% $14,328,225.80
OKR Okapi Resources 0.185 -42% -37% -8% 3% $20,499,355.28
PNM Pacific Nickel Mines 0.074 32% -38% 0% 3% $20,481,327.13
NMR Native Mineral Res 0.16 -28% -27% 3% 3% $7,060,550.40
LCY Legacy Iron Ore 0.019 15% -14% -5% 3% $121,729,697.78
X64 Ten Sixty Four Ltd 0.595 -35% -18% -19% 3% $133,354,436.09
BBX BBX Minerals Ltd 0.086 -62% -54% -28% 2% $40,339,782.43
CBY Canterbury Resources 0.043 -57% -49% -12% 2% $5,297,536.79
AZS Azure Minerals 0.215 -12% -48% -14% 2% $68,361,858.62
GIB Gibb River Diamonds 0.044 -24% -45% -12% 2% $9,306,415.58
VAN Vango Mining Ltd 0.046 -32% -4% -10% 2% $54,177,318.18
ERM Emmerson Resources 0.094 38% -33% 6% 2% $50,113,300.50
SLZ Sultan Resources Ltd 0.095 -50% -54% -5% 2% $7,912,016.96
NVA Nova Minerals Ltd 0.72 -35% -33% 20% 2% $132,448,679.48
HAV Havilah Resources 0.24 14% 33% -6% 2% $75,983,810.40
NST Northern Star 7.065 -31% -28% -13% 2% $8,132,581,029.56
GMD Genesis Minerals 1.24 66% -27% -8% 2% $356,787,096.30
DCN Dacian Gold Ltd 0.1 -63% -51% 23% 2% $119,689,762.90
ADT Adriatic Metals 1.755 -28% -33% -10% 2% $369,175,719.78
TUL Tulla Resources 0.54 -2% -11% 10% 2% $85,716,026.52
IDA Indiana Resources 0.055 -21% -14% -8% 2% $26,389,265.05
PGO Pacgold 0.55 112% -27% -8% 2% $28,305,334.73
BCN Beacon Minerals 0.0295 -16% -11% 2% 2% $98,319,704.15
AAU Antilles Gold Ltd 0.06 -18% -22% -6% 2% $21,911,107.58
FEG Far East Gold 0.335 0% 0% 16% 2% $40,882,465.35
DEX Duke Exploration 0.07 -78% -61% -7% 1% $6,314,780.64
ALK Alkane Resources Ltd 0.72 -37% -16% -2% 1% $413,930,476.90
M24 Mamba Exploration 0.08 -61% -67% 4% 1% $3,374,000.24
GBR Greatbould Resources 0.081 -7% -52% 14% 1% $32,138,285.15
HCH Hot Chili Ltd 0.695 -62% -60% -18% 1% $83,611,644.20
SBM St Barbara Limited 0.9 -52% -36% -20% 1% $734,161,291.20
NPM Newpeak Metals 0.001 -50% -50% 0% 0% $8,853,750.03
FFX Firefinch Ltd 0.2 44% -23% -9% 0% $236,248,644.20
GED Golden Deeps 0.012 0% 0% -14% 0% $15,017,947.28
DCX Discovex Res Ltd 0.005 5% -52% 16% 0% $15,024,304.58
TMX Terrain Minerals 0.008 0% 0% 14% 0% $6,086,088.07
PUA Peak Minerals Ltd 0.0095 -41% -37% -14% 0% $9,893,022.13
DRE Dreadnought Resources Ltd 0.049 4% 20% 14% 0% $144,772,861.10
LEX Lefroy Exploration 0.29 -60% -21% 14% 0% $42,303,653.72
SIH Sihayo Gold Limited 0.003 -67% -63% 50% 0% $18,306,384.27
AVM Advance Metals Ltd 0.011 -35% -39% 38% 0% $5,256,651.42
MCT Metalicity Limited 0.003 -74% -61% 0% 0% $10,375,180.07
AME Alto Metals Limited 0.064 -29% -30% -15% 0% $34,744,938.28
CTO Citigold Corp Ltd 0.006 -54% -37% 20% 0% $15,585,125.00
TRY Troy Resources Ltd 0.037 -8% 0% 0% 0% $32,235,651.78
KGM Kalnorth Gold Ltd 0.013 0% 0% 0% 0% $11,625,120.78
CGN Crater Gold Min Ltd 0.017 0% 0% 0% 0% $21,063,473.65
TSC Twenty Seven Co. Ltd 0.003 -25% -25% 0% 0% $7,982,441.72
GUL Gullewa Limited 0.059 -29% -14% -12% 0% $11,263,282.90
AAR Astral Resources NL 0.08 3% -33% 7% 0% $47,694,339.12
AGS Alliance Resources 0.175 12% 24% 0% 0% $41,303,448.03
DDD 3D Resources Limited 0.002 -50% -33% -20% 0% $8,863,744.18
WAF West African Res Ltd 1.22 13% -8% 0% 0% $1,245,656,286.46
FG1 Flynngold 0.1 -41% -46% -5% 0% $6,342,043.95
HMG Hamelingoldlimited 0.12 0% -23% 0% 0% $11,000,000.00
HMG Hamelingoldlimited 0.12 0% -23% 0% 0% $11,000,000.00
PF1 Pathfinder Resources 0.5 59% 25% 0% 0% $26,560,505.00
QML Qmines Limited 0.17 -48% -41% -11% 0% $11,308,685.43
RDN Raiden Resources Ltd 0.008 -68% -60% -11% 0% $11,339,537.06
MM8 Medallion Metals. 0.18 -25% -28% -28% 0% $19,102,978.08
POL Polymetals Resources 0.09 -38% -31% 0% 0% $3,605,090.94
OKU Oklo Resources Ltd 0.14 17% 22% -3% 0% $70,629,507.06
KAI Kairos Minerals Ltd 0.023 -21% -23% 28% 0% $45,128,150.29
CXU Cauldron Energy Ltd 0.008 -75% -69% -20% 0% $4,283,290.22
GML Gateway Mining 0.009 -50% -36% -10% 0% $20,340,957.30
SBR Sabre Resources 0.005 0% -17% 25% 0% $13,948,655.04
TG1 Techgen Metals Ltd 0.125 -36% -14% 0% 0% $5,083,967.84
OAU Ora Gold Limited 0.01 -41% -50% 11% 0% $9,842,312.83
TRM Truscott Mining Corp 0.05 56% 47% -9% 0% $7,597,077.20
DLC Delecta Limited 0.011 83% 0% 0% 0% $13,253,995.76
MEK Meeka Metals Limited 0.053 0% 26% 4% 0% $46,939,648.52
NCM Newcrest Mining 19.18 -26% -24% -19% 0% $17,281,934,829.45
IGO IGO Limited 9.93 18% -22% -5% 0% $7,640,832,233.17
EMR Emerald Res NL 0.91 2% -20% -24% -1% $539,949,394.53
DEG De Grey Mining 0.79 -29% -43% -8% -1% $1,099,981,464.66
SMI Santana Minerals Ltd 0.705 513% 161% 17% -1% $94,172,474.48
RDT Red Dirt Metals Ltd 0.35 141% -52% -3% -1% $106,594,049.10
EVN Evolution Mining Ltd 2.325 -43% -43% -32% -1% $4,289,237,978.22
BRV Big River Gold Ltd 0.33 -13% 29% -3% -1% $82,030,987.50
RVR Red River Resources 0.1425 -30% -32% -8% -2% $75,177,350.76
RXL Rox Resources 0.26 -43% -47% 6% -2% $43,924,646.22
RXL Rox Resources 0.26 -43% -47% 6% -2% $43,924,646.22
CPM Coopermetalslimited 0.48 0% 81% 17% -2% $12,834,500.00
DTR Dateline Resources 0.089 -15% 11% -9% -2% $44,119,998.48
MEG Megado Minerals Ltd 0.079 -44% -12% -10% -2% $8,614,855.04
TBA Tombola Gold Ltd 0.038 -7% 27% -24% -3% $36,299,487.61
CAZ Cazaly Resources 0.037 -24% -16% 1% -3% $14,462,049.93
MKG Mako Gold 0.068 -25% -32% -7% -3% $27,903,636.95
KCN Kingsgate Consolid. 1.31 59% -41% -2% -3% $294,356,202.49
CYL Catalyst Metals 1.28 -37% -32% -6% -3% $123,562,465.74
KSN Kingston Resources 0.093 -54% -44% 1% -3% $38,800,327.27
SVY Stavely Minerals Ltd 0.155 -63% -69% -33% -3% $43,144,217.85
STN Saturn Metals 0.29 -37% -26% -12% -3% $37,670,761.33
AMI Aurelia Metals Ltd 0.28 -38% -37% -2% -3% $383,487,501.67
G88 Golden Mile Res Ltd 0.027 -46% -50% -29% -4% $5,500,780.58
MVL Marvel Gold Limited 0.026 -50% -55% -13% -4% $18,312,303.62
SSR SSR Mining Inc. 23.58 11% -1% -13% -4% $469,638,395.20
BNZ Benzmining 0.37 -59% -41% -22% -4% $20,549,814.87
TAM Tanami Gold NL 0.048 -35% -21% -4% -4% $52,879,367.07
ICL Iceni Gold 0.095 -42% -32% -14% -4% $11,922,267.80
REZ Resourc & En Grp Ltd 0.023 -23% -62% -8% -4% $11,495,533.15
SMS Starmineralslimited 0.086 0% -57% -25% -4% $2,543,880.00
DTM Dart Mining NL 0.062 -54% -33% 17% -5% $8,386,129.92
GMR Golden Rim Resources 0.058 -52% -54% 4% -5% $18,520,890.36
FAU First Au Ltd 0.0095 -14% -21% -21% -5% $7,370,198.54
MEU Marmota Limited 0.056 19% 12% -5% -5% $54,884,553.70
PNR Pantoro Limited 0.18 -18% -48% -3% -5% $283,706,568.18
MHC Manhattan Corp Ltd 0.0085 -35% -47% -6% -6% $12,973,368.89
VRC Volt Resources Ltd 0.017 -51% -26% 6% -6% $59,771,947.99
MRZ Mont Royal Resources 0.32 45% -10% 7% -6% $21,451,504.32
MKR Manuka Resources. 0.16 -42% -52% -20% -6% $47,193,362.87
PNT Panthermetalsltd 0.23 0% -8% 28% -6% $6,960,000.00
G50 Gold50Limited 0.15 0% -38% -6% -6% $8,402,700.15
KZR Kalamazoo Resources 0.225 -38% -39% 2% -6% $29,038,874.80
AGG AngloGold Ashanti 4.1 -24% -28% -10% -6% $364,859,758.85
GBZ GBM Rsources Ltd 0.056 -59% -59% -19% -7% $30,610,254.36
GAL Galileo Mining Ltd 1.175 292% 411% -17% -7% $236,889,912.00
CAI Calidus Resources 0.62 32% -24% -2% -7% $248,776,884.38
OGC OceanaGold Corp. 2.7 11% 22% -12% -7% $187,024,405.82
ARV Artemis Resources 0.026 -53% -63% -13% -7% $36,096,605.58
TAR Taruga Minerals 0.026 -45% -42% 24% -7% $14,451,206.00
NES Nelson Resources. 0.013 -70% -65% 8% -7% $3,825,863.13
SKY SKY Metals Ltd 0.05 -47% -60% -21% -7% $18,839,173.50
MZZ Matador Mining Ltd 0.125 -71% -67% -22% -7% $26,102,340.60
LYN Lycaonresources 0.25 0% -43% -17% -7% $7,181,718.75
OZM Ozaurum Resources 0.12 -8% -14% -27% -8% $8,017,340.00
SNG Siren Gold 0.225 -2% -21% -20% -8% $20,265,581.52
EMU EMU NL 0.011 -62% -50% 22% -8% $6,047,959.32
GSN Great Southern 0.0365 -31% -43% -6% -9% $18,100,480.92
TSO Tesoro Gold Ltd 0.041 -75% -50% -13% -9% $31,647,750.38
A1G African Gold Ltd. 0.095 -53% -60% 6% -10% $11,105,160.50
BTR Brightstar Resources 0.019 -27% -74% 6% -10% $12,290,356.51
BMO Bastion Minerals 0.135 -21% -31% -16% -10% $10,250,450.10
PNX PNX Metals Limited 0.004 -54% -31% 0% -11% $19,998,260.13
BEZ Besragoldinc 0.037 0% -63% -26% -12% $6,358,448.52
MDI Middle Island Res 0.11 0% -21% -12% -12% $14,690,186.64
CWX Carawine Resources 0.096 -53% -45% -26% -13% $13,232,097.31
WRM White Rock Min Ltd 0.1 -79% -58% -5% -13% $17,366,914.40
ICG Inca Minerals Ltd 0.064 -39% -34% -26% -15% $34,214,526.47
SFM Santa Fe Minerals 0.085 4% -59% -11% -15% $6,189,597.07
AQI Alicanto Min Ltd 0.059 -65% -46% 4% -16% $21,871,676.17
PRS Prospech Limited 0.025 -81% -58% -29% -17% $1,629,525.13
AYM Australia United Min 0.005 -38% -38% 25% -17% $9,212,887.43
ASR Asra Minerals Ltd 0.024 -4% -27% -14% -17% $30,819,443.86
GWR GWR Group Ltd 0.099 -74% -45% 2% -18% $31,158,015.54
ZAG Zuleika Gold Ltd 0.022 -27% -44% -19% -19% $10,431,012.50
GNM Great Northern 0.004 -64% -33% 0% -20% $6,836,203.90
AL8 Alderan Resource Ltd 0.012 -79% -60% -20% -25% $5,106,792.96
ANL Amani Gold Ltd 0.001 0% -50% -33% -33% $35,540,161.69
DGO DGO Gold Limited 0 -100% -100% -100% -100% $202,181,472.07
AOP Apollo Consolidated 0 -100% -100% -100% -100% $177,888,559.90
TRN Torrens Mining 0 -100% -100% -100% -100% $9,218,941.94
KLA Kirkland Lake Gold 0 -100% -100% -100% -100% $52,690,000.00
BDC Bardoc Gold Ltd 0 -100% -100% -100% -100% $154,075,451.40

 

SMALL CAP STANDOUTS


AERIS RESOURCES (ASX:AIS)

Copper and gold junior AIS has been focusing its attention lately on the Golden Plateau deposit in southeast Queensland, which executive chairman Andre Labuschagne describes as being an ‘exciting’ story for investors.

The Golden Plateau deposit is located 1km north from the Cracow mill and AIS says it is a high priority exploration area, one that holds the potential to extend the mine life at Cracow.

More high-grade intersections have been returned, with hits up to 17.9m at 6.3g/t gold including 10.7m at 9.4g/t gold and 1m at 9.2g/t gold.

Labuschagne says these latest assays reinforce the company’s geological understanding of the structural controls of mineralisation at the site as overall confidence continues to grow – including the potential to discover new lodes.

“The current drill program is targeting five lodes and a maiden resource is planned for the first half of this financial year,” he says.

“We believe that Golden Plateau offers excellent potential to become a new, high-grade ore source for Cracow.”

The Golden Plateau mine and surrounding deposits historically produced approximately 850,000 ounces of gold, within a prospective corridor extending 1km along strike and up to 270m below surface.

Resource definition drilling program will continue throughout the first quarter of FY23.

 

GOLDEN STATE MINING (ASX:GSM)

Drilling has kicked off across GSM’s Yule Project in the Western Australia’s Pilbara region targeting lithium and gold.

The Yule project sits in the Mallina Basin, a short drive from De Grey Mining’s (ASX:DEG) Hemi gold discovery.

Golden State managing director Michael Moore said the company was excited to have secured a rig and get moving on what looms as a big second half of 2022.

“We are extremely pleased to announce the commencement of our Yule Project lithium and gold focused RC drilling campaign at Target 2,” he said.

“This ~1500m program has been designed to follow up on the anomalous lithium pathfinder elements already identified in previous drilling as well as a significant arsenic anomaly that has driven the selection of key gold target areas.

“The company is progressing exploration activity across a number of our self-generated projects, including recently granted tenure at our emerging Payne’s Find project, and investors can look forward to targeted field exploration over the second half of 2022.”

 

AIS and GSM share prices today:

 


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