Stockhead’s In-Case-You-Missed-It highlights today’s most interesting small cap stories that might have slipped beneath your radar.
Below is a wrap of the top 20 performing stocks, by percentage, that made announcements today. The telecommunications company
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TechGen Metals (ASX:TG1) says stage-three drilling has been approved for its John Bull gold project in Glen Innes in NSW, while pegmatite mapping will start at Ida Valley in WA, with historic data identifying lithium and caesium in soils up to 144.5ppm Li (311ppm Li2O) along the Ida Fault. Stockhead’s Roberto Badmano has more in today’s Resources Top 5.
Regenerative medicine biotech, AVITA Medical (ASX:AVH) has provided a bullish guidance for Q4 FY23 and forecasts its commercial revenue for Q4 to come in between $15.3 to $16.3 million, reflecting a big lower bound of 64% and upper bound of 73% growth over the pcp.
Janison Education Group (ASX:JAN) has announced it has appointed Sujata Stead as its new CEO. JAN says Stead is expected to start in early 2024 and has a knowledge of the global education and assessment industry, its customers, end-users, competitors, partners and government stakeholders.
More Top Small Cap Stories: Friday
Arizona Lithium (ASX:AZL) has announced pilot plant operations are underway processing brine and producing lithium concentrate from the Prairie Lithium Project in North America.
Rare earths hunter Alvo Minerals (ASX:ALV) has confirmed its Bluebush REE project is an ion-adsorption (ionic) clay-hosted rare earth deposit – next door to and along strike of Serra Verde.
Rock chip sampling has returned assays of up to 3.8% Li2O and extended the reach of mineralised pegmatites at the Raiden Resources (ASX:RDN) Andover South project in WA’s Pilbara region.
West Wits Mining (ASX:WWI) says its prospecting rights application for tenement area PR10839 south of its Qala Shallows gold project has been accepted by the South African Mining authorities.
European-based biopharma MGC Pharmaceuticals (ASX:MXC) has finalised a share consolidation and ~US$8 million funding as the company confidently looks towards the future of its drug development program.
Voltaic Strategic Resources (ASX:VSR) says a 25-hole for 3,095m phase 3 drilling campaign at its Ti Tree project in WA’s Gascoyne has picked up encouraging lithium-caesium-tantalum (LCT) indicators, in line with the classic ‘Goldilocks’ model that has proven invaluable for the discovery of lithium mineralisation.
Bailador Technology Investments (ASX:BTI) reckons the largest position in its portfolio SiteMinder (ASX:SDR) is poised to unlock huge potential upside by adding key functionality for hotels to increase their revenue.
Ionic Rare Earths (ASX:IXR) says its technical facility at the Makuutu Demonstration Plant in Uganda is nearing completion and it is forecast to produce its first mixed rare earth carbonate (MREC) for new supply chains emerging across Europe, US and Asia in Q1 2024.
Lycaon Resources (ASX:LYN) says exploration at Bow River shows encouraging nickel enrichment at top of >1km gravity anomaly with only small area of strike tested with 2 drillholes, while land access agreements for West Arunta tenure is progressing for drilling early 2024.
European Lithium (ASX:EUR) says its closer to combining its wholly-owned Wolfsberg lithium project in Austria with NASDAQ-listed Sizzle Acquisition Corp following submission of a crucial F-4 amendment No 5 form, opening the door for Critical Metals Corp to list on the exchange under the symbol CRML.
Pilot Energy (ASX:PGY) and Samsung C&T Corporation Engineering & Construction Group have joined forces through a non-binding MoU to spearhead the Mid West Clean Energy Project (MWCEP) in Western Australia.
At Stockhead, we tell it like it is. While Arizona Lithium, Alvo Minerals, Raiden Resources, West Wits Mining, MGC Pharmaceuticals, Voltaic Strategic Resources, Bailador Technology Investments, Ionic Rare Earths, Lyacon Resources, European Lithium and Pilot Energy are Stockhead advertisers, they did not sponsor this article.
The post In Case You Missed It: TechGen Metals soars 289pc on gold and lithium projects update appeared first on Stockhead.
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