Today’s 5 biggest resources runners

Pic: Schroptschop / E+ via Getty Images
Sulphate of Potash (SOP) explorer Trigg Mining (ASX:TMG) reckons it could be sitting on a large, high grade discovery at its Lake Throssell project in WA.
SOP is a premium grade fertiliser ideal for ‘high value’ food crops.
An early stage gravity survey indicates the presence of a significant palaeovalley (ancient riverbed) beneath Lake Throssell “which may contain a large volume of potentially high-grade potassium-rich brine”.
The deepest part of this ancient riverbed – called the ‘thalweg’ — looks to be up to 2km wide in places, the company says.
A maiden aircore drilling program will kick off mid-September.
African mineral sands producer Base Resources (ASX:BSE) will return a maiden 3.5c per share dividend to shareholders following “strong financial results” for FY20.
The company made revenues of $US208m – with price increases mitigating lower production – for a net profit of about $US40m.
Higher average prices were achieved for rutile (18 per cent increase) and ilmenite (30 per cent increase) relative to the prior period, while a more subdued market for zircon persisted (9 per cent decrease).
Up on no news were high-flyin’ iron ore hopeful Magnetite Mines (ASX:MGT), lithium-turned-gold explorer BMG Resources (ASX:BMG), and tin play Stellar Resources (ASX:SRZ) which has been “actively searching for new project opportunities”.
Related Topics

UNLOCK INSIGHTS
Discover the untold stories of emerging ASX stocks.
Daily news and expert analysis, it's free to subscribe.
By proceeding, you confirm you understand that we handle personal information in accordance with our Privacy Policy.