In Case You Missed It: A Chilean silver mine and $1m worth of lithium rights

Estimated read time 3 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, that made announcements today.

 

ICYMI Leader Board

Code Company Price % Today Market Cap MMC Mitremining 0.28 37% $9,296,771 DAL Dalaroometalsltd 0.039 34% $2,366,400 PEC Perpetual Res Ltd 0.016 33% $7,560,353 GTG Genetic Technologies 0.003 20% $28,854,145 CCO The Calmer Co Int 0.007 17% $4,902,716 LML Lincoln Minerals 0.007 17% $10,163,072 MME Moneyme Limited 0.0675 16% $46,404,552 RNE Renu Energy Ltd 0.015 15% $5,817,358 ATH Alterity Therap Ltd 0.004 14% $9,808,261 CXU Cauldron Energy Ltd 0.016 14% $15,850,288 OEC Orbital Corp Limited 0.135 13% $17,496,808 WR1 Winsome Resources 1.13 11% $180,258,970 EOS Electro Optic Sys. 0.955 10% $148,119,145 PEN Peninsula Energy Ltd 0.11 10% $125,779,819 AWJ Auric Mining 0.0635 9% $7,589,856 TUA Tuas Limited 2.66 9% $1,134,502,207 QFE Quickfee Limited 0.054 8% $13,706,183 SMI Santana Minerals Ltd 0.82 8% $135,151,946 DXB Dimerix Ltd 0.145 7% $57,520,785 CAF Centrepoint Alliance 0.3 7% $55,406,929

WordPress Tables Plugin

 

Mitre Mining (ASX:MMC) is planning to acquire the ready-to-go underground and open-pit Cerro Bayo silver-gold mine in Chile, which has an inferred resource of 3.82Mt at 206g/t for 24.7Moz silver equivalent. 

Dalaroo Metals (ASX:DAL) has sold the lithium, caesium and tantalum mineral rights from its Lyons Creek project in WA to Delta Lithium (ASX:DLI) for a tidy $1 million package, while retaining the mineral rights to ‘everything else’ at the site.

Perpetual Resources (ASX:PEC) is planning its second reconnaissance trip to its lithium permits in Brazil, with the focus on the Itinga Prospect, situated roughly 15km from major spodumene projects being developed by Lithium Ionic and Sigma Lithium.

Health and wellness company (formerly called Fiji Kava) The Calmer Co International (ASX:CCO) said ecommerce sales in Australia have risen to over $110k in November, a 70% increase thanks to Black Friday and Cyber Monday promotions.

And defence and space comms player Electro Optic Systems (ASX:EOS) says it expects revenue for 2023 to be between $210m and $230m. 

 

More Top Small Cap Stories: Friday

 

PharmAust (ASX:PAA) has completed the Phase 1 MEND study of its drug monepantel (MPL) in patients with motor neurone disease (MND/ALS), and is on track to release top line results in Q1 2024.

Titan Minerals (ASX:TTM) has raised $4.1m – the maximum amount possible – at $0.03 per share under the institutional component of its entitlement offer to raise up to $7.6m to advance exploration activities at the Dynasty gold project in Ecuador.

 

At Stockhead we tell it like it is. While PharmAust and Titan Minerals are Stockhead advertisers, they did not sponsor this article.

The post In Case You Missed It: A Chilean silver mine and $1m worth of lithium rights appeared first on Stockhead.

You May Also Like

+ There are no comments

Add yours