In Case You Missed It: Lithium land-grab and an underground mining training deal

Estimated read time 4 min read

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, who made announcements today.

 

ICYMI Leader Board

Code Company Price % Today Market Cap AMM Armada Metals 0.055 38% $6,902,723 SCT Scout Security Ltd 0.019 27% $3,486,411 MOH Moho Resources 0.012 20% $5,100,666 SIT Site Group Int Ltd 0.003 20% $6,506,226 ADG Adelong Gold Limited 0.007 17% $3,577,934 OZZ OZZ Resources 0.088 15% $7,078,554 AMO Ambertech Limited 0.24 14% $19,990,509 ASE Astute Metals NL 0.032 14% $11,494,546 SGC Sacgasco Ltd 0.008 14% $5,415,079 M2M Mtmalcolmminesnl 0.034 13% $3,070,305 ICU Investor Centre Ltd 0.067 12% $18,191,882 BDG Black Dragon Gold 0.029 12% $5,217,421 IND Industrialminerals 1.17 11% $71,673,000 GHY Gold Hydrogen 0.94 11% $48,384,570 CHM Chimeric Therapeutic 0.032 10% $15,996,234 K2F K2Fly Ltd 0.099 10% $15,778,332 RKT Rocketdna Ltd. 0.011 10% $5,338,926 CLG Close Loop 0.35 9% $166,308,111 KFM Kingfisher Mining 0.185 9% $9,131,550 IDT IDT Australia Ltd 0.087 9% $28,118,358

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Top of the charts today is Armada Metals (ASX:AMM) who picked up four early-stage lithium exploration projects for $150k cash and 26m shares in the emerging hard rock hub of Brazil.

Education and training player Site Group International (ASX:SIT) has signed a contract with OceanaGold (TSX:OGC) for the recommencment of underground mining training for the Didipio mine in the Clark facility in the Philippines. 

Adelong Gold (ASX:ADG) has applied for a further 10 exploration permits in Brazil covering 162.8km2 prospective for lithium pegmatites.

OZZ Resources (ASX:OZZ) says it plans to complete a scoping study to assess the economic viability and potential of the Old Prospect North and South resource of 312 kt at 2.15 g/t for 22 koz of contained gold.

And Astute Metals (ASX:ASE) has intersected more intervals of prospective claystone host rock at its Altair lithium project in Nevada, USA.

 

More Top Small Cap Stories: Thursday

 

Pioneer Lithium (ASX:PLN) initial scout prospecting has identified nine new pegmatite outcrops at the LaGrande project in the world-class James Bay region of Canada.

New Age Exploration (ASX:NAE) plans to kick off a new RC drilling program shortly at Quartz Hill, just 30km from Pilgangoora and Wodgina lithium mines in WA.

Charger Metals (ASX:CHR) is raising $2.7m to accelerate its Lake Johnston project in WA.

Drilling at Titan Minerals (ASX:TTM) Papayal deposit at its Dynasty gold project in Ecuador has confirmed a new vein system.

Anson Resources (ASX:ASN) has commenced construction of the sample demonstration plant at its Green River lithium project in Utah, USA.

Magnetic Resources (ASX:MAU) has surpassed its +1Moz goal, updating the resource estimate for its Laverton project in WA to 22.7Mt at 1.69g/t gold for 1.24Moz.

New World Resources (ASX:NWC) has been granted a permit to undertake drilling at the Discus copper prospect within its Javelin Volcanogenic Massive Sulphide (VMS) project in Arizona, USA. 

Riedel Resources (ASX:RIE) has expanded its claim position at the Kingman project in Arizona, USA, to cover the Silver Hill – Juno Trend where historical production from the Juno mine averaged 5g/t gold and 208g/t silver. 

Ionic Rare Earths (ASX:IXR) has reported clay hosted rare earth intersections in 53 of 56 infill core drill holes at the Makuutu project in Uganda, Africa, including up to 1,163 ppm TREO. 

Peregrine Gold (ASX:PGD) says soil sampling at the Pilgangoora North lithium project has returned up to 1,320 ppm LiO2.

Arizona Lithium (ASX:AZL) says the first two shipments of approximately 2,500 L lithium concentrate from its pilot plant at its Prairie project in Canada have been sent to the Lithium Research Center in Arizona where they will undergo further conversion to high purity lithium end products. 

iTech Minerals (ASX:ITM) has expanded its resource drilling program to double down on new graphite targets at the Lacroma Central deposit in SA.

Phase 2 drilling at Far East Gold (ASX:FEG) Woyla copper gold project in Indonesia has confirmed numerous sites of discrete high grade gold and silver within the Pertama vein and the Agam zone. 

Tambourah Metals (ASX:TMB) has commenced exploration at the Haystack Well prosopect of its Russian Jack lithium project in WA.

And Lord Resources (ASX:LRD) has completed Phase 2 RC drilling at its Horse Rocks lithium project in WA. 

 

At Stockhead we tell it like it is. While Pioneer Lithium, New Age Exploration, Magnetic Resources, Ionic Rare Earths, New World Resources, Titan Minerals, Peregrine Gold, Riedel Resources, Charger Metals, Arizona Lithium, Itech Minerals, Anson Resources, Site Group International, Far East Gold, Tambourah Metals and Lord Resources are Stockhead advertisers, they did not sponsor this article.

 

The post In Case You Missed It: Lithium land-grab and an underground mining training deal appeared first on Stockhead.

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