Following a 7.6% surge from late September, the price of gold is now sitting ~$US1,860/oz for the first time since June.

The Aussie price is looking even better, which is great news for our local producers:

USD (dark) and AUD (light) gold prices over the past 12 months. Sources: FastMarkets, ICE Benchmark Administration, Thomson Reuters, World Gold Council

Prices are now sitting at the same level they were a year ago, and bulls expected them to go much higher from here.

For the short-term Edward Moya, senior market analyst at OANDA says that gold is once again stuck in “wait-and-see Fed mode” and that could remain the case till the end of the year.

“Gold prices need a fresh catalyst after a wave of monetary policy decisions showed a diverging view of how central banks are battling inflation,” he says.

“Rising concerns of growing restrictive measures in Europe could lead to short-term growth concerns that have yet to boost bullion. Gold may consolidate between the $US1850 and $US1880 level until Wall Street gets a better handle on where risk appetite is going next.”

(Which is still very good. At these prices all half-decent producers are making great coin.)

The share prices of “universally” undervalued gold stocks are already beginning to react positively.

The major gold producers on the ASX are in a definitive upward trend over the past month, led by Northern Star (ASX:NST) +10%, Evolution Mining (ASX:EVN) +15%, Silver Lake Resources (ASX:SLR) +13%, Ramelius Resources (ASX:RMS) +13%, and Gold Road Resources (ASX:GOR) +19%.

The only large cap in negative territory is Regis Resources (ASX:RRL).

Large cap gold stocks

 

Overall, sentiment has improved with 125 gold stocks going up, 106 going down, and 30 staying the same over the past month.

Winners & Losers

Here’s how ASX-listed gold & silver 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 % 1 YEAR RETURN % PRICE MARKET CAP
LCY Legacy Iron Ore 79 61 67 257 0.025 $ 179,332,678.48
HAW Hawthorn Resources 64 67 84 -14 0.09 $ 33,351,561.30
NPM Newpeak Metals 50 50 -25 -50 0.0015 $ 11,055,152.65
PNR Pantoro 38 51 33 76 0.325 $ 464,969,570.34
KWR Kingwest Resources 36 41 109 3 0.19 $ 45,905,999.75
TLM Talisman Mining 32 28 -24 54 0.185 $ 35,670,504.43
SMI Santana Minerals 28 22 122 46 0.3 $ 38,464,813.52
NMR Native Mineral Resources 25 18 -7 35 0.275 $ 7,590,875.00
BAT Battery Minerals 23 14 -24 -36 0.016 $ 31,548,038.00
MVL Marvel Gold 23 23 69 35 0.081 $ 48,549,423.06
MCT Metalicity 22 22 0 -45 0.011 $ 21,437,715.32
AWJ Auric Mining 22 12 -10 0.14 $ 7,569,363.20
LNY Laneway Resources 20 20 20 -14 0.006 $ 23,424,395.60
MTH Mithril Resources 18 33 18 -26 0.02 $ 49,024,427.78
CXU Cauldron Energy 17 -13 -20 -38 0.028 $ 14,247,515.27
OKU Oklo Resources 15 29 15 -31 0.155 $ 80,644,769.92
DEX Duke Exploration 15 12 -37 -34 0.235 $ 21,199,620.72
VMC Venus Metals 14 8 18 -15 0.2 $ 30,971,130.02
OAU Ora Gold 14 6 -32 -32 0.016 $ 13,473,523.55
GNM Great Northern 14 0 -50 -56 0.008 $ 9,672,407.81
CY5 Cygnus Gold Limited 13 38 38 -5 0.18 $ 20,371,393.18
DDD 3D Resources Limited 13 13 13 -9 0.0045 $ 17,461,674.41
MBK Metal Bank Ltd 13 5 -6 -14 0.009 $ 10,701,614.74
RDN Raiden Resources Ltd 13 4 4 -21 0.027 $ 33,007,855.30
MM8 Medallion Metals. 12 5 -12 0.23 $ 18,218,269.35
IDA Indiana Resources 12 12 -21 -14 0.065 $ 26,501,264.56
LRL Labyrinth Resources 12 34 -10 96 0.047 $ 40,869,376.35
HRZ Horizon 12 16 12 32 0.145 $ 79,516,528.00
AYM Australia United Min 11 0 11 0 0.01 $ 18,425,774.85
AUC Ausgold Limited 11 16 9 -11 0.051 $ 80,852,826.59
IPT Impact Minerals 11 3 -3 -33 0.0155 $ 30,356,923.79
NVA Nova Minerals Ltd 11 0 15 -30 0.155 $ 279,315,821.34
TRM Truscott Mining Corp 10 0 23 60 0.032 $ 4,862,129.41
DRE Drednought Resources 10 35 87 73 0.0485 $ 135,929,381.86
NXM Nexus Minerals Ltd 10 20 479 244 0.55 $ 144,291,227.54
AME Alto Metals Limited 10 10 10 5 0.11 $ 51,779,869.64
SBR Sabre Resources 10 10 10 -45 0.0055 $ 9,291,225.07
KZR Kalamazoo Resources 10 3 -16 -38 0.385 $ 51,817,702.09
TTM Titan Minerals 10 0 -4 -8 0.11 $ 153,044,484.78
WMC Wiluna Mining Corp 10 11 13 -33 1.15 $ 182,062,186.75
PDI Predictive Disc Ltd 9 42 185 292 0.2625 $ 375,117,218.30
RND Rand Mining Ltd 9 -3 6 -26 1.53 $ 87,020,220.33
RMX Red Mount Min Ltd 9 33 20 -20 0.012 $ 17,573,499.62
SI6 SI6 Metals Limited 9 9 0 20 0.012 $ 17,137,727.82
FAU First Au Ltd 9 0 -40 -45 0.012 $ 9,219,431.28
PRX Prodigy Gold NL 9 9 -26 -31 0.037 $ 21,557,221.42
SSR SSR Mining Inc. 9 26 15 3 27.2 $ 551,556,521.04
FML Focus Minerals Ltd 9 11 -3 -18 0.31 $ 55,738,312.33
ASO Aston Minerals Ltd 9 -7 -19 172 0.125 $ 124,045,665.77
ARL Ardea Resources Ltd 9 10 10 18 0.505 $ 66,256,425.12
PKO Peako Limited 8 18 -40 -4 0.026 $ 7,711,352.53
GED Golden Deeps 8 8 18 -7 0.013 $ 9,310,217.28
GSR Greenstone Resources 8 -13 29 -31 0.027 $ 21,710,124.60
BGD Bartongoldholdings 8 20 0.21 $ 17,167,999.20
CLA Celsius Resource Ltd 8 4 -40 -30 0.028 $ 30,369,614.35
XAM Xanadu Mines Ltd 8 -7 -53 -28 0.028 $ 35,253,057.00
RVR Red River Resources 8 -9 -2 -25 0.215 $ 111,469,864.92
BNZ Benzmining 7 0 -5 0.72 $ 34,312,641.66
EMR Emerald Res NL 7 9 14 88 1.11 $ 559,205,969.60
MML Medusa Mining Ltd 7 9 3 5 0.84 $ 176,692,305.85
RDS Redstone Resources 7 45 14 23 0.016 $ 11,503,985.01
TRN Torrens Mining 7 0 14 0.16 $ 10,101,416.01
BRB Breaker Res NL 7 37 119 119 0.405 $ 133,594,780.89
BC8 Black Cat Syndicate 7 21 -8 -12 0.65 $ 87,300,842.82
NSM Northstaw 6 10 3 -27 0.33 $ 13,241,910.00
CYL Catalyst Metals 6 5 12 -21 2.17 $ 206,421,018.30
GOR Gold Road Res Ltd 6 19 16 25 1.635 $ 1,463,788,068.06
BNR Bulletin Res Ltd 6 4 14 0 0.076 $ 19,992,375.85
KCN Kingsgate Consolid. 5 -12 59 93 1.445 $ 324,234,463.65
MDI Middle Island Res 5 -16 -1 -70 0.097 $ 11,262,476.42
SVY Stavely Minerals Ltd 5 1 -19 -44 0.505 $ 134,395,147.78
WRM White Rock Min Ltd 5 -8 -37 -35 0.305 $ 44,164,389.32
SFR Sandfire Resources 5 1 -16 50 6.07 $ 2,480,390,452.65
HRN Horizon Gold Ltd 5 0 0 8 0.42 $ 38,942,585.84
TBR Tribune Res Ltd 5 -2 -5 -25 5 $ 264,439,108.08
EVN Evolution Mining Ltd 5 15 -19 -23 4.35 $ 8,064,932,673.60
PRU Perseus Mining Ltd 5 5 35 49 1.8 $ 2,257,900,008.80
MRR Minrex Resources Ltd 5 35 -12 5 0.023 $ 13,440,902.27
MAU Magnetic Resources 4 7 20 46 1.66 $ 362,167,993.40
ARV Artemis Resources 4 -7 -7 -22 0.098 $ 111,694,790.94
STK Strickland Metals 4 -17 178 -24 0.075 $ 87,609,038.51
CAI Calidus Resources 4 8 50 11 0.645 $ 260,063,925.55
GBZ GBM Rsources Ltd 4 -10 8 -24 0.13 $ 65,885,209.91
ERM Emmerson Resources 4 14 5 -1 0.08 $ 39,859,079.12
GBR Greatbould Resources 4 -34 59 192 0.145 $ 50,013,013.26
RMS Ramelius Resources 3 13 -6 -2 1.785 $ 1,514,774,728.80
GTR Gti Resources 3 -6 29 62 0.03 $ 33,863,436.84
BDC Bardoc Gold Ltd 3 -4 -10 -16 0.065 $ 116,362,744.19
AGS Alliance Resources 3 -11 3 -12 0.17 $ 33,282,741.44
TBA Tombola Gold Ltd 3 -13 -30 -15 0.035 $ 24,674,627.90
SNG Siren Gold 3 -1 57 -35 0.36 $ 30,711,557.33
FG1 Flynngold 3 16 0.185 $ 11,418,489.00
RXL Rox Resources 3 1 -25 -53 0.385 $ 63,043,045.60
M2R Miramar 3 0 5 -41 0.2 $ 9,963,004.00
VKA Viking Mines Ltd 2 5 -38 28 0.021 $ 20,425,168.62
M24 Mamba Exploration 2 13 -7 0.215 $ 7,585,000.00
GIB Gibb River Diamonds 2 7 32 -46 0.087 $ 19,035,850.05
AOP Apollo Consolidated 2 26 118 111 0.655 $ 191,740,537.93
HCHDA Hot Chili Ltd 2 -4 16 -10 2.2 $ 195,819,568.00
TIE Tietto Minerals 2 -5 48 17 0.445 $ 206,423,044.90
KAU Kaiser Reef 2 -2 -22 -43 0.23 $ 26,320,453.51
AGG AngloGold Ashanti 2 8 -12 -15 5.51 $ 505,808,027.55
BMO Bastion Minerals 2 -2 29 0.275 $ 19,746,171.50
CHN Chalice Mining Ltd 2 44 24 172 10.19 $ 3,599,059,908.80
RED Red 5 Limited 2 2 50 12 0.285 $ 671,562,785.82
PF1 Pathfinder Resources 2 -14 -10 63 0.285 $ 15,139,487.85
AXE Archer Materials 2 -2 128 174 1.575 $ 395,947,531.20
DEG De Grey Mining 2 0 -15 11 1.265 $ 1,821,318,464.88
SAU Southern Gold 2 2 -22 -43 0.066 $ 14,079,697.90
WGX Westgold Resources. 1 9 0 -10 2.15 $ 931,836,603.54
MZZ Matador Mining Ltd 1 -7 -6 5 0.385 $ 83,679,958.83
ADT Adriatic Metals 1 1 8 25 2.775 $ 651,621,048.40
AAR Anglo Australian 1 10 -2 -40 0.09 $ 53,656,131.51
PNM Pacific Nickel Mines 1 -31 85 85 0.1 $ 25,727,503.10
SLR Silver Lake Resource 1 13 -6 -2 1.8425 $ 1,668,972,012.31
FFR Firefly Resources 0 28 9 -34 0.12 $ 41,108,742.96
MLS Metals Australia 0 25 25 25 0.0025 $ 10,477,114.72
CDR Codrus Minerals Ltd 0 23 0.16 $ 6,400,000.00
G50 Gold50Limited 0 15 0.27 $ 13,585,860.27
BYH Bryah Resources Ltd 0 12 -18 -24 0.058 $ 13,346,223.33
SFM Santa Fe Minerals 0 11 -8 -26 0.089 $ 6,480,872.22
GMR Golden Rim Resources 0 11 -33 -52 0.1 $ 24,469,148.50
WCN White Cliff Min Ltd 0 8 -13 -58 0.013 $ 6,723,553.19
WAF West African Res Ltd 0 3 31 43 1.385 $ 1,443,614,095.55
TAM Tanami Gold NL 0 3 -8 -5 0.073 $ 84,606,987.31
DGO DGO Gold Limited 0 1 -18 -7 2.92 $ 248,331,216.54
ZNC Zenith Minerals Ltd 0 0 -15 81 0.235 $ 76,093,976.43
VAN Vango Mining Ltd 0 0 -8 -18 0.06 $ 74,336,320.29
ANL Amani Gold Ltd 0 0 33 100 0.002 $ 36,851,128.21
PUR Pursuit Minerals 0 0 -43 169 0.035 $ 32,795,487.06
TRY Troy Resources Ltd 0 0 -26 -63 0.037 $ 30,073,993.35
CTO Citigold Corp Ltd 0 0 -17 -29 0.01 $ 28,336,590.91
PNX PNX Metals Limited 0 0 -13 -13 0.007 $ 25,565,354.58
CGN Crater Gold Min Ltd 0 0 -6 -26 0.017 $ 20,867,429.74
NAE New Age Exploration 0 0 -42 -21 0.011 $ 15,794,888.01
KGM Kalnorth Gold Ltd 0 0 0 0 0.013 $ 11,625,120.78
ALY Alchemy Resource Ltd 0 0 -30 -30 0.013 $ 10,923,956.10
MOH Moho Resources 0 -2 -26 -53 0.059 $ 7,420,748.72
OZM Ozaurum Resources 0 -3 0 0.15 $ 8,582,400.00
TAR Taruga Minerals 0 -4 -48 -2 0.047 $ 23,554,760.28
NES Nelson Resources. 0 -5 -47 -40 0.039 $ 7,577,395.61
KTA Krakatoa Resources 0 -6 -12 -25 0.059 $ 16,798,465.27
VRC Volt Resources Ltd 0 -7 -18 211 0.028 $ 76,785,537.50
ICG Inca Minerals Ltd 0 -7 0 141 0.13 $ 62,522,839.21
MEG Megado 0 -8 -41 -54 0.092 $ 3,917,440.62
SLZ Sultan Resources Ltd 0 -8 -41 -33 0.165 $ 11,820,846.13
ZAG Zuleika Gold Ltd 0 -9 -50 -66 0.021 $ 8,611,960.83
AL8 Alderan Resource Ltd 0 -9 -35 -65 0.039 $ 17,022,643.20
E2M E2 Metals 0 -9 -25 -72 0.24 $ 36,113,091.12
GMN Gold Mountain Ltd 0 -10 -51 -51 0.019 $ 20,332,834.23
EMU EMU NL 0 -11 -44 -56 0.025 $ 13,745,362.10
KCC Kincora Copper 0 -12 -63 0.145 $ 11,010,542.85
RML Resolution Minerals 0 -14 -25 -56 0.018 $ 12,470,965.38
KNB Koonenberrygold 0 -15 0.14 $ 10,376,271.92
AGC AGC Ltd 0 -15 -33 0.11 $ 7,450,001.24
AGC AGC Ltd 0 -15 -33 0.11 $ 7,450,001.24
ADN Andromeda Metals Ltd 0 -19 -13 -41 0.17 $ 422,233,597.82
BBX BBX Minerals Ltd 0 -23 -44 -53 0.155 $ 68,703,221.25
HMX Hammer Metals Ltd 0 -23 -55 22 0.05 $ 40,674,731.15
SRN Surefire Rescs NL 0 -27 -56 -66 0.011 $ 12,147,414.50
GWR GWR Group Ltd 0 -36 -62 -30 0.105 $ 31,792,576.52
KLA Kirkland Lake Gold 0 -3 6 1 60 $ 61,000,000.00
ANX Anax Metals Ltd -1 -10 1 106 0.099 $ 34,668,205.11
ALK Alkane Resources Ltd -1 0 6 -8 0.93 $ 565,804,249.00
YRL Yandal Resources -1 -4 -34 -3 0.44 $ 44,786,779.40
TSO Tesoro Resources Ltd -1 -13 -56 -74 0.084 $ 45,816,571.04
AUT Auteco Minerals -1 -7 -16 -32 0.078 $ 133,366,135.94
KRM Kingsrose Mining Ltd -1 37 25 106 0.074 $ 51,830,521.99
BCN Beacon Minerals -2 -2 -10 -4 0.0325 $ 116,715,949.74
LCL Los Cerros Limited -2 9 -18 13 0.1475 $ 95,421,203.25
REZ Resourc & En Grp Ltd -2 19 68 -12 0.057 $ 27,989,124.18
RRL Regis Resources -2 -7 -21 -43 2.1 $ 1,607,673,514.74
TNR Torian Resources Ltd -2 -24 -53 -35 0.0235 $ 26,107,334.69
MEU Marmota Limited -2 -4 -2 -6 0.044 $ 44,103,659.22
CST Castile Resources -2 -4 -24 -21 0.22 $ 43,936,226.62
A1G African Gold Ltd. -2 -7 2 60 0.215 $ 25,565,720.52
AAJ Aruma Resources Ltd -2 -6 41 -22 0.082 $ 10,328,843.25
NAG Nagambie Resources -3 4 4 66 0.078 $ 39,994,587.68
OBM Ora Banda Mining Ltd -3 -20 -67 -74 0.078 $ 75,989,511.39
CMM Capricorn Metals -3 6 49 70 2.845 $ 1,051,667,429.72
PRS Prospech Limited -3 6 -48 0 0.075 $ 4,888,575.38
MKR Manuka Resources. -3 1 -11 -19 0.375 $ 38,059,148.63
LM8 Lunnonmetalslimited -3 -10 0.37 $ 27,576,056.16
SMS Starmineralslimited -3 0.175 $ 4,593,750.00
NST Northern Star -3 10 -10 -28 10.33 $ 12,216,771,477.51
GSN Great Southern -3 -8 31 -20 0.068 $ 34,387,628.56
HMG Hamelingoldlimited -3 0.17 $ 18,700,000.00
CEL Challenger Exp Ltd -3 14 10 65 0.33 $ 326,430,842.38
DTM Dart Mining NL -3 -19 -33 -46 0.097 $ 12,075,620.21
THR Thor Mining PLC -3 -14 -23 -18 0.0155 $ 9,977,798.16
POL Polymetals Resources -3 0 0.145 $ 5,714,358.36
CDT Castle Minerals -3 75 133 133 0.028 $ 24,621,650.23
AQI Alicanto Min Ltd -3 8 17 -3 0.14 $ 47,685,781.85
GRL Godolphin Resources -3 -7 -18 -45 0.14 $ 11,775,577.94
STN Saturn Metals -4 26 32 -26 0.54 $ 62,195,380.50
IVR Investigator Res Ltd -4 15 -18 18 0.077 $ 103,267,835.35
ADV Ardiden Ltd -4 4 25 -50 0.0125 $ 25,840,024.27
G88 Golden Mile Res Ltd -4 4 -19 -9 0.05 $ 8,550,916.40
MGV Musgrave Minerals -4 1 -3 -11 0.375 $ 206,811,585.37
FFX Firefinch Ltd -4 5 55 371 0.6825 $ 638,059,266.68
QML Qmines Limited -4 3 -10 0.37 $ 20,101,472.48
NWM Norwest Minerals -4 -12 -17 -30 0.073 $ 13,364,938.35
DTR Dateline Resources -4 -2 16 74 0.087 $ 38,100,062.69
CAZ Cazaly Resources -4 -9 -20 -2 0.043 $ 15,891,220.48
BGL Bellevue Gold Ltd -5 9 7 -31 0.945 $ 999,128,995.24
MKG Mako Gold -5 -5 0 0 0.105 $ 40,135,368.21
GSM Golden State Mining -5 -5 -13 -56 0.105 $ 8,308,798.50
RGL Riversgold -5 -13 -52 -53 0.021 $ 8,484,886.12
NCM Newcrest Mining -5 0 -14 -15 24.51 $ 20,465,313,438.42
AWV Anova Metals Ltd -5 -9 0 -29 0.02 $ 30,094,978.20
AMI Aurelia Metals Ltd -5 3 -1 -8 0.395 $ 494,196,502.40
ARN Aldoro Resources -5 23 44 206 0.49 $ 44,256,794.50
S2R S2 Resources -5 113 19 -28 0.19 $ 71,274,971.00
AAU Antilles Gold Ltd -5 -1 9 19 0.076 $ 23,104,377.04
MEI Meteoric Resources -5 -28 -67 -69 0.018 $ 26,321,247.70
TMZ Thomson Res Ltd -5 -24 -53 -41 0.071 $ 39,435,911.13
PUA Peak Minerals Ltd -6 6 -15 -29 0.017 $ 15,135,144.54
DLC Delecta Limited -6 23 167 129 0.016 $ 19,278,539.28
GUL Gullewa Limited -6 -1 -8 -33 0.08 $ 15,229,848.00
DCN Dacian Gold Ltd -6 -6 -31 -34 0.235 $ 222,508,900.92
SVL Silver Mines Limited -6 7 -23 2 0.23 $ 297,121,392.89
PGD Peregrine Gold -6 -21 12 0.38 $ 12,767,542.10
AZS Azure Minerals -6 7 27 -55 0.375 $ 120,796,931.19
MAT Matsa Resources -7 -3 -31 -55 0.056 $ 20,056,658.72
MXR Maximus Resources -7 -17 -11 -58 0.07 $ 22,250,762.24
SBM St Barbara Limited -7 1 -18 -41 1.535 $ 1,124,600,372.67
CWX Carawine Resources -7 0 -26 -32 0.195 $ 26,541,863.99
RSG Resolute Mining -8 -7 -33 -48 0.42 $ 480,193,327.11
A8G Australasian Gold -8 -32 261 0.595 $ 24,873,263.69
OKR Okapi Resources -8 -20 143 137 0.45 $ 52,645,511.22
AZL Arizona Lithium Ltd -8 108 267 900 0.11 $ 213,780,195.97
GML Gateway Mining -8 -8 -34 -18 0.0165 $ 36,968,912.82
RDT Red Dirt Metals Ltd -9 -1 377 114 0.74 $ 96,413,658.95
SPQ Superior Resources -9 54 82 33 0.02 $ 30,761,542.82
DCX Discovex Res Ltd -9 0 -17 -17 0.005 $ 12,843,320.38
CBY Canterbury Resources -9 -5 6 -5 0.1 $ 12,019,853.00
MHC Manhattan Corp Ltd -9 -17 -29 -71 0.01 $ 15,262,786.93
BMR Ballymore Resources -9 -20 0 0 0.2 $ 14,295,616.20
CHZ Chesser Resources -9 12 12 -42 0.145 $ 69,824,418.75
TSC Twenty Seven Co. Ltd -10 -10 13 -31 0.0045 $ 11,973,662.57
LEX Lefroy Exploration -10 -19 -65 64 0.36 $ 49,452,308.64
ICL Iceni Gold -10 -26 13 0.215 $ 26,351,598.46
SKY SKY Metals Ltd -11 -6 -47 -61 0.085 $ 32,026,594.95
TMX Terrain Minerals -11 0 -33 -38 0.008 $ 5,886,088.07
SIH Sihayo Gold Limited -11 -11 -38 -64 0.008 $ 29,483,691.30
BRV Big River Gold Ltd -13 11 -41 -40 0.245 $ 52,666,188.48
AQX Alice Queen Ltd -13 5 -34 -64 0.0105 $ 13,702,230.10
TCG Turaco Gold Limited -13 -3 100 100 0.14 $ 47,455,333.94
BEZ Besragoldinc -13 -18 0.14 $ 24,918,244.20
MTC Metalstech Ltd -13 -34 163 82 0.275 $ 48,332,731.10
BTR Brightstar Resources -13 2 60 -38 0.048 $ 25,807,734.30
EM2 Eagle Mountain -13 -28 -51 69 0.575 $ 135,698,152.59
AVW Avira Resources Ltd -14 0 -14 -25 0.006 $ 12,031,530.00
TG1 Techgen Metals Ltd -14 -5 -16 0.21 $ 8,283,688.78
NML Navarre Minerals Ltd -14 -21 -40 -68 0.078 $ 53,743,855.63
HXG Hexagon Energy -15 15 -1 72 0.098 $ 43,263,341.22
KSN Kingston Resources -15 0 -13 -23 0.2 $ 57,230,911.40
MRZ Mont Royal Resources -16 6 12 15 0.38 $ 14,393,151.70
WWI West Wits Mining Ltd -16 -24 -59 -59 0.0335 $ 50,315,828.00
ENR Encounter Resources -17 -26 23 -8 0.15 $ 49,097,261.07
AM7 Arcadia Minerals -17 8 0.215 $ 7,524,000.00
XTC Xantippe Res Ltd -18 80 125 125 0.0045 $ 20,382,822.01
KAI Kairos Minerals Ltd -20 -8 -8 -30 0.0295 $ 48,628,936.40
PAK Pacific American Hld -22 0 -4 -23 0.018 $ 7,513,910.21
LYN Lycaonresources 0.54 $ 13,500,000.00
KAL Kalgoorliegoldmining 0.165 $ 12,676,055.00
CPM Coopermetalslimited 0.2 $ 5,404,000.00
Wordpress Table Plugin

 

Weekly Small Cap Standouts

PANTORO (ASX:PNR)

Emerging producer Pantoro has hit high grade PGEs in a maiden step out (extensional) drilling program at the ‘Lamboo’ prospect, ~5km south of the ~36,000oz Nicolsons gold mine.

These new results – like 100m at 1.1g/t Pt +Pd +Au (3E) from surface – include a significant palladium component, the company says.

“The Lamboo PGE deposit is rapidly shaping up as an outstanding discovery on the doorstep of our Halls Creek gold operations,” managing director Paul Cmrlec says.

“Drilling to date has revealed a remarkably consistent deposit with large mineralisation widths commencing from surface over a long strike length.

“Pantoro will advance mapping and surface sampling of the deposit throughout the wet season ahead of a large drilling campaign planned to commence as soon as seasonal weather conditions allow good access.”

The fully unhedged producer had $55.4 million cash and gold at 31 October 2021.

It’s ‘Norseman’ gold project, currently under construction, is expected to produce an average of 108,000oz a year over an initial 7 years, peaking at 119,000oz in year three.

It boasts impressive project cashflows of $486 million (pre-tax) and IRR 92% (pre-tax) at A$2,600 gold price, the company says.

 

KINGWEST RESOURCES (ASX:KWR)

KWR is enjoying a very solid run over the past ~4 months.

In mid-September it announced a gold discovery under a WA salt lake called ‘Goongarrie’.

Exploring for gold underneath salt lakes is tough, which is probably why so many remain underexplored — regardless of how prospective they are.

New drilling results have confirmed the “huge potential of the so-called ‘Sir Laurence’ prospect.

“These excellent results including 28m @ 1.9 g/t Au from 20m in follow up drilling at Sir Laurence, are very significant in that they are 800m south of, and along strike of, the discovery Line 5 but mineralisation is at a much shallower depth and includes bedrock mineralisation,” CEO Ed Turner says.

“Significant bedrock mineralisation has also been intersected on Lines B and C.”

“This reinforces our interpretation of Sir Laurence as having the potential to be a large mineralised system. Line A is the first line of drilling within the current program, and we eagerly anticipate results from all of the remaining drill holes within the Sir Laurence Prospect.”

Last month, KWR joined forces with known mine developer FMR Investments to restart mining at the high grade, +80,000oz Yunndaga underground deposit, part of the flagship Menzies gold project in WA.

The 40% KWR, 60% FMR profit share JV will see FMR pay $1m to KWR, plus cover all capital costs and be responsible for all mining, haulage, and processing through its mill in Coolgardie.

The JV will cover 180,000 gold ounces or 5 years from the commencement of mining (whichever occurs first).

“This is expected to be the first of a number of mining operations at Menzies and to deliver attractive short and medium-term cash inflow to KWR,” Turner says.