Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, and vanadium.

 

25 battery metals stocks from our list are up 500% or more over the past year.

Five of them – Province, Vulcan, Pursuit, Renascor and Reedy Lagoon – are up 1000% or more.

The battery metals thematic is just warming up.  Do any of these sub-$15m market cap stocks have multi-bagger potential?

 

CORAZON (ASX:CZN)

Nickel, Cobalt

This junior explorer managed to consolidate the entire historic Lynn Lake nickel-copper-cobalt mining centre in Canada.

It is the first time this project has been under the control of one company since the mine — which produced about 206,200 tonnes of nickel and 107,600t copper over 24 years — closed in 1976.

Corazon believes there’s a lot more metal to be found. It has just defined a bunch of nickel sulphide targets for the next phase of drilling, to be finalised after the current Downhole Electromagnetic Geophysical Survey (DHEM) is complete.

 

PAN ASIA METALS (ASX:PAM)

Lithium, Tungsten

This newly listed tungsten and lithium explorer is one of analyst Gavin Wendt’s top 5 picks in ‘Build your own lithium portfolio’.

Lithium is flying, and so is ferro-tungsten — an alloy of iron (under 30 per cent) and tungsten (over 70 per cent).

Drilling at Pan Asia’s Khao Soon Tungsten Project (KSTP) in Thailand recently returned a large number of shallow intersections at greater than 0.5 per cent WO3, including 7.5m at 1.22 per cent WO3.

The mineralisation remains ‘open’. These are peer group leading results, managing director Paul Lock says.

“We are very pleased with the results, they are generally in line with the Exploration Target model and with these grades and geometries this prospect is shaping up as an open cut target, and the mineralisation remains open along strike and at depth,” he says.

“We have more drilling to do and our success to date is highly encouraging.”

 

METALS AUSTRALIA (ASX:MLS)

Graphite, Nickel

Earlier this month, Metals Australia completed the acquisition of the ‘Nepean South’, a project neighbouring the historic Nepean nickel sulphide mine 80% owned by Auroch Minerals (ASX:AOU).

Nepean was the second producing nickel mine in Australia, producing 1,108,457t of ore between 1970 and 1987 for 32,202t of nickel metal at an average recovered grade of 2.99%.

Previous drilling at Nepean South hit decent grades but was never really followed up. An EM survey will be followed up with a maiden drilling campaign, the company says.

Work is also underway at the high-grade Lac Rainy graphite project in Quebec with the commencement of advanced stage of metallurgical testwork, designed to improve project economics.

 

GOLDEN DEEPS (ASX:GED)

Vanadium, Copper

The busy explorer has vanadium, gold silver and copper projects in Australia and Namibia.

In March, it kicked off a mining study on the historic Abenab mine in Namibia.

In April, drilling programs will kick off at the historic, super high grade Khusib Springs and Nosib vanadium copper deposits, also in Namibia.

Khusib Springs produced 300,000t at 10 per cent copper and 584g/t silver between 1996 and 2003 (that’s very high grade) and only closed due to a very low copper price, the company says.

 

SABRE RESOURCES (ASX:SBR)

Nickel

This is one of Peak Asset Management’s top small cap stock picks for 2021.

Initial drilling results from the Bonanza gold project were disappointing, but this WA explorer has other cards to play.

A scoping study – the first proper look at the economics of a project – has now kicked off at the ‘Sherlock Bay’ nickel project in the Pilbara.

The deposit contains ~99,200 tonnes of nickel metal, 21,700 tonnes of copper metal and 5,400 tonnes of cobalt metal “which has the potential to be increased by further drilling”, the company says.

 

Here’s how a basket of  ASX battery metals stocks are performing>>>

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

CODE COMPANY 1 WEEK RETURN % 1 MONTH RETURN % 6 MONTH RETURN % 1 YEAR RETURN % PRICE MARKET CAP
ATM Aneka Tambang 0 0 0 0 1 $ 1,303,649.00
LML Lincoln Minerals 0 0 0 100 0.008 $ 4,599,869.49
CZN Corazon -24 -30 -37 -2 0.038 $ 8,122,165.76
PAM Pan Asia Metals 0 15 -14 0.155 $ 8,174,639.09
MOH Moho Resources -2 -2 -29 -1 0.082 $ 8,450,727.46
MLS Metals Australia -20 0 -20 100 0.002 $ 8,454,376.09
QXR Qx Resources 0 0 14 14 0.016 $ 8,540,197.15
TKL Traka Resources 6 0 -14 354 0.018 $ 9,116,371.22
GED Golden Deeps 0 20 -20 71 0.012 $ 9,298,217.28
BUX Buxton Resources 1 1 -21 42 0.071 $ 9,659,935.67
STK Strickland Metals 17 7 -72 49 0.023 $ 9,686,484.98
RLC Reedy Lagoon -8 -12 69 1000 0.022 $ 10,340,575.65
GBR Great Boulder Resources 6 3 -43 48 0.038 $ 10,520,899.37
ALY Alchemy Resources -12 25 -32 40 0.015 $ 10,755,895.25
SBR Sabre Resources -14 50 -40 500 0.006 $ 11,781,445.54
SRI Sipa Resources -1 21 -10 35 0.069 $ 12,270,087.01
SLZ Sultan Resources -13 -1 -11 181 0.18 $ 12,516,190.02
BAR Barra Resources 0 0 -29 43 0.02 $ 13,552,162.02
PNN PepinNini Minerals -3 -12 94 80 0.32 $ 13,897,175.68
G88 Golden Mile Resources -9 98 48 304 0.105 $ 13,901,832.80
RFR Rafaella Resources 0 15 21 92 0.115 $ 14,190,062.81
ADD Adavale Resources 8 6 69 184 0.054 $ 16,348,397.72
BOA Boadicea Resources 26 10 2 67 0.265 $ 16,779,351.42
AQD Ausquest 5 -9 -31 67 0.02 $ 17,286,986.45
HNR Hannans -13 0 0 40 0.007 $ 17,699,828.94
ESS Essential Metals 0 -9 0 5 0.105 $ 22,089,903.00
VR8 Vanadium Resources -10 16 86 333 0.052 $ 22,177,537.57
PGM Platina Resources -9 4 2 247 0.052 $ 22,241,264.13
BEM Blackearth Minerals -3 11 213 329 0.15 $ 25,673,022.45
CNJ Conico -3 -15 65 367 0.028 $ 25,849,644.19
VMC Venus Metals -5 6 -31 0 0.19 $ 28,704,949.77
CWX Carawine Resources 4 -17 -17 49 0.275 $ 29,944,723.05
ARN Aldoro Resources 25 105 343 219 0.43 $ 29,955,553.32
GME GME Resources 5 -7 58 70 0.063 $ 33,412,015.80
ARR American Rare Earths -8 0 -22 646 0.097 $ 33,805,832.60
ADV Ardiden 0 -6 -50 325 0.017 $ 34,389,667.46
IPT Impact Minerals -13 -23 -20 186 0.02 $ 35,617,728.82
BSM Bass Metals -11 14 167 167 0.008 $ 36,564,249.61
HXG Hexagon Energy -2 -2 113 51 0.098 $ 37,016,768.15
CLA Celsius Resource 7 -2 25 350 0.045 $ 40,490,031.73
GAL Galileo Mining 13 35 29 44 0.31 $ 45,076,879.58
ESR Estrella Resources -11 -18 -68 513 0.049 $ 46,312,576.79
TON Triton Minerals -13 -23 -20 60 0.04 $ 46,513,190.75
S2R S2 Resources 7 -3 -45 52 0.16 $ 47,233,676.85
REE Rarex Limited -7 -17 -28 532 0.11 $ 47,700,752.44
SGQ St George Mining 24 4 -22 6 0.094 $ 49,850,794.22
VRC Volt Resources 38 22 83 267 0.022 $ 52,367,218.22
PSC Prospect Resources -8 -8 13 94 0.175 $ 54,794,911.22
TMT Technology Metals -1 1 22 429 0.365 $ 55,552,314.30
AML Aeon Metals -9 -12 -25 59 0.086 $ 58,270,996.52
AOU Auroch Minerals -6 10 63 450 0.22 $ 60,784,574.40
EUR European Lithium 7 -3 42 42 0.064 $ 62,959,087.78
MAN Mandrake Resources 12 28 194 825 0.185 $ 64,745,840.88
ARL Ardea Resources 2 1 6 96 0.53 $ 66,388,702.64
HWK Hawkstone Mining 0 14 223 600 0.042 $ 68,658,518.88
AVL Aust Vanadium -4 0 85 200 0.024 $ 70,323,811.54
ASN Anson Resources -3 -3 108 353 0.077 $ 70,622,653.72
PUR Pursuit Minerals -14 34 607 2020 0.079 $ 73,162,346.04
INF Infinity Lithium 0 3 96 428 0.19 $ 76,504,365.64
AUZ Australian Mines 0 13 53 95 0.021 $ 79,229,077.00
LPI Lithium Power International -2 -8 46 69 0.27 $ 83,919,892.84
DEV Devex Resources 2 52 0 244 0.32 $ 91,862,498.00
RXL Rox Resources 0 3 -39 58 0.038 $ 94,564,567.08
MRC Mineral Commodities -27 -38 -34 -6 0.225 $ 95,810,729.91
WKT Walkabout Resources 92 130 77 188 0.345 $ 104,740,093.50
COB Cobalt Blue 8 5 316 204 0.41 $ 105,611,159.98
AZS Azure Minerals -4 13 -19 291 0.36 $ 106,289,573.75
BKT Black Rock Mining 7 11 183 425 0.15 $ 107,432,212.35
LIT Lithium Australia 9 0 145 145 0.125 $ 117,246,971.01
FGR First Graphene 9 -8 55 66 0.24 $ 117,832,541.86
LPD Lepidico -4 -8 188 94 0.023 $ 124,509,640.58
TNG TNG Limited -2 -7 -15 88 0.098 $ 124,949,704.00
AGY Argosy Minerals -2 -7 76 134 0.0935 $ 125,027,170.40
BSX Blackstone -1 -18 -12 159 0.375 $ 127,755,393.15
QPM Queensland Pacific 13 9 176 796 0.11 $ 128,851,471.13
PRL Province Resources 13 48 1103 4712 0.17 $ 129,331,756.03
SYA Sayona Mining 5 36 369 503 0.041 $ 157,261,931.42
RNU Renascor Resources -14 -14 850 1257 0.095 $ 166,580,983.40
JRL Jindalee Resources -9 84 471 898 3.14 $ 171,868,286.10
IXR Ionic Rare Earths -9 7 234 970 0.0535 $ 178,774,372.78
POS Poseidon Nick -4 5 -8 97 0.065 $ 182,611,965.38
GLN Galan Lithium 26 57 417 370 0.775 $ 190,994,660.52
EMH European Metals -8 -26 202 689 1.42 $ 197,016,266.80
ARU Arafura Resource 3 -3 90 202 0.19 $ 199,032,729.71
AXE Archer Materials 0 -14 82 439 0.89 $ 203,432,891.40
MLX Metals X 6 3 191 194 0.23 $ 208,671,195.41
AJM Altura Mining 0 0 0 56 0.07 $ 209,037,029.25
SRL Sunrise -15 -13 -30 28 2.31 $ 211,737,394.28
NTU Northern Minerals 2 8 26 79 0.043 $ 217,860,433.47
FFX Firefinch 24 30 61 609 0.305 $ 230,766,002.92
CTM Centaurus Metals -4 -17 8 404 0.68 $ 231,187,792.67
NMT Neometals 8 23 151 188 0.49 $ 275,402,389.33
EGR Ecograf Limited -2 -14 226 916 0.62 $ 284,364,661.88
VML Vital Metals Limited -7 -15 119 750 0.068 $ 285,779,582.80
CXO Core Lithium 4 17 440 575 0.27 $ 311,141,072.31
HAS Hastings Tech Metals -3 -7 46 206 0.19 $ 321,572,599.21
LKE Lake Resources 2 -9 357 789 0.32 $ 325,820,937.92
PAN Panoramic Resources -9 15 41 66 0.155 $ 328,146,240.64
LEG Legend Mining -2 2 -6 -33 0.13 $ 344,391,965.13
MNS Magnis Energy Technologies 15 26 81 650 0.39 $ 356,284,169.53
JRV Jervois Mining -5 -6 45 203 0.47 $ 381,088,239.25
MCR Mincor Resources 4 3 15 83 1.02 $ 436,578,418.60
TLG Talga Group -9 3 63 400 1.38 $ 438,167,214.17
SYR Syrah Resources -1 -11 114 365 1.07 $ 540,214,522.37
AVZ AVZ Minerals -3 -8 101 208 0.185 $ 563,582,209.13
INR Ioneer -3 -19 64 156 0.345 $ 711,159,443.63
LTR Liontown Resources -4 -5 64 335 0.435 $ 771,106,224.48
VUL Vulcan Energy 17 14 541 3282 7.44 $ 825,325,486.08
PLL Piedmont Lithium -11 -20 93 963 0.85 $ 1,369,899,668.40
GXY Galaxy Resources 26 49 198 392 3.75 $ 1,824,078,431.24
ORE Orocobre 17 32 145 202 6.49 $ 2,133,780,046.40
CHN Chalice Mining -2 40 105 517 6.21 $ 2,216,732,474.59
NIC Nickel Mines Limited -5 -12 47 186 1.29 $ 3,319,838,347.32
PLS Pilbara Minerals 14 21 280 520 1.33 $ 3,765,964,321.60
IGO IGO Limited 4 7 61 48 6.94 $ 5,353,883,437.91
LYC Lynas Rare Earths 1 0 138 336 6.37 $ 5,568,665,618.22
MIN Mineral Resources 7 14 74 167 44.01 $ 8,076,012,669.78
OZL OZ Minerals 2 7 67 176 24.88 $ 8,389,488,743.56
BHP BHP Group 2 1 31 54 47.53 $ 140,134,150,812.58

 

>>> Lithium, graphite, cobalt, rare earths, vanadium or nickel stocks missing from our list? Email reuben@stockhead.com.au