Gold has peaked over the US$2000/oz mark recently and looks to stay there
Strickland Metals may just have WA’s next big gold discovery on it hands
Dalaroo sold off all its lithium assets to concentrate on its high-grade Au Goodbody deposit
Our Gold Digger column wraps all the news driving ASX stocks with exposure to precious metals.
Gold benefits from economic disasters and the fallout of war and while the West is largely protected from such things, there’s a whole-lotta rest of the world out there that utilises bullion as a safe haven from corrupt governments that torpedo either their economies or their neighbours from time to time.
What’s hilarious is that corrupt governments also often pile into gold themselves to escape their own mess as it’s a smart hedge against inflation, yet by doing so they create… well, even more bloody mess.
When the US pulled out of Afghanistan gold jumped in the ensuing chaos. Then, we basically had a two-week holiday and Russia-Ukraine kicked off again. Now it’s Israel v everyone that hates Israel once again that’s adding to the pile of investors escaping volatility.
It’s good news for the shiny though and one of the leading factors pushing it back near all-time highs.
Bullion recently broke the significant $US2,000/oz barrier and is sitting at an attractive $US2,041/oz. Silver has also pushed above US$25/oz for the first time since July.
Gold is hitting record highs. Source: goldprice.org
Perhaps another reason why the hugely followed VanEck Gold Miners ETF , which holds 51 gold securities, is killing it lately, surging 16% in October after early year dips to be up 11% overall YTD – decent numbers indeed.
Turning to the juniors, we’ve got a few tasty gold stocks that have been on a run this week to whet your appetite, including Strickland Metals (ASX:STK), Dalaroo Metals (ASX:DAL) and Greenstone Resources (ASX:GSR). Read more below:
Winners & Losers
Here’s how ASX-listed precious metals stocks are performing:
Scroll or swipe to reveal table. Click headings to sort. Best viewed on a laptop.
Stocks missing from this list? Email [email protected]
CODE COMPANY 1 WEEK RETURN% 1 MONTH RETURN% 6 MONTH RETURN% YEAR TO DATE RETURN% PRICE MARKET CAP CPM Cooper Metals 0.42 -3% 95% 320% 19% $27,076,858 BMR Ballymore Resources 0.15 0% 36% 15% 0% $21,929,590 RGL Rivers Gold 0.015 -6% 36% 50% -2% $15,220,183 SIH Sihayo Gold Limited 0.002 0% 33% 33% 0% $24,408,512 TSO Tesoro Gold Ltd 0.025 25% 32% 25% -1% $23,019,807 GML Gateway Mining 0.025 14% 32% 4% -4% $7,292,616 TCG Turaco Gold Limited 0.125 14% 30% 150% 7% $56,525,334 TMB Tambourah Metals 0.165 0% 27% 43% 6% $13,685,158 USL Unico Silver Limited 0.115 10% 26% 15% -6% $31,085,417 REZ Resourc & Energy Group 0.015 -6% 25% 0% 0% $7,996,893 WCN White Cliff Minerals 0.0125 -4% 25% 14% 0% $16,595,271 SVG Savannah Goldfields 0.062 9% 24% 7% -13% $11,425,093 ZAG Zuleika Gold Ltd 0.021 0% 24% 40% 0% $10,984,063 QML Qmines Limited 0.088 -1% 22% 10% -8% $18,772,418 PKO Peako Limited 0.006 20% 20% 20% -1% $2,635,424 ARD Argent Minerals 0.012 9% 20% 20% 0% $12,968,793 AUN Aurumin 0.025 0% 19% -14% -4% $7,961,077 GPR Geopacific Resources 0.019 6% 19% 27% -1% $14,790,913 IVR Investigator Res Ltd 0.046 -2% 18% 5% 0% $67,546,991 RSG Resolute Mining 0.43 -1% 18% 18% 23% $926,136,756 PUA Peak Minerals Ltd 0.0035 0% 17% 17% 0% $3,644,818 GMN Gold Mountain Ltd 0.007 17% 17% 17% 0% $13,614,472 VRC Volt Resources Ltd 0.007 0% 17% 0% -1% $28,910,747 CLA Celsius Resource Ltd 0.014 0% 17% 17% 0% $31,444,723 OAU Ora Gold Limited 0.007 17% 17% -7% 0% $33,733,005 MEK Meeka Metals Limited 0.042 0% 17% 5% -3% $49,810,275 GBR Greatbould Resources 0.065 3% 16% 0% -3% $35,072,839 CYL Catalyst Metals 0.95 4% 16% 38% -23% $201,444,153 KCN Kingsgate Consolidated 1.43 -1% 16% 29% -30% $371,162,436 BTR Brightstar Resources 0.015 0% 15% 25% 0% $28,737,501 HRZ Horizon 0.038 0% 15% 6% -2% $26,637,380 OBM Ora Banda Mining Ltd 0.23 -2% 15% 44% 15% $401,049,794 EMR Emerald Res NL 2.835 -1% 14% 9% 165% $1,774,911,802 RMX Red Mount Min Ltd 0.004 0% 14% 0% 0% $10,694,304 GSR Greenstone Resources 0.008 -11% 14% 0% -2% $12,313,021 CAI Calidus Resources 0.2 3% 14% 14% -7% $118,996,216 SPR Spartan Resources 0.485 -2% 14% 17% 32% $465,582,059 A1G African Gold Ltd. 0.034 0% 13% -15% -5% $5,756,581 WAF West African Res Ltd 0.9325 0% 13% 24% -24% $959,415,727 TMX Terrain Minerals 0.0045 0% 13% -10% 0% $6,090,425 NXM Nexus Minerals Ltd 0.045 -8% 13% 10% -15% $19,063,946 GTR Gti Energy Ltd 0.009 0% 13% 13% 0% $18,449,524 CTO Citigold Corp Ltd 0.0045 0% 13% -10% 0% $12,931,466 RED Red 5 Limited 0.365 4% 12% 16% 16% $1,211,766,238 SBM St Barbara Limited 0.2075 -1% 12% 6% -13% $171,773,780 MBK Metal Bank Ltd 0.037 -3% 12% 19% 0% $13,712,807 S2R S2 Resources 0.185 9% 12% -12% 2% $69,715,559 RMS Ramelius Resources 1.7075 0% 11% 2% 78% $1,942,814,140 ANX Anax Metals Ltd 0.03 3% 11% -14% -2% $13,946,611 SMI Santana Minerals Ltd 0.83 9% 11% 44% 18% $135,151,946 AUC Ausgold Limited 0.032 -3% 10% 0% -2% $75,772,660 PNR Pantoro Limited 0.054 2% 10% 80% -4% $275,813,617 VMC Venus Metals Cor Ltd 0.11 0% 10% 5% 3% $20,870,155 DTR Dateline Resources 0.011 -4% 10% 22% -3% $15,098,874 RRL Regis Resources 1.9475 0% 10% 12% -11% $1,472,910,676 BNR Bulletin Resources 0.17 0% 10% 6% 8% $49,910,487 A8G Australasian Metals 0.17 -3% 10% -11% -2% $9,121,086 MZZ Matador Mining Ltd 0.057 0% 10% 30% -6% $22,473,352 VKA Viking Mines Ltd 0.012 -8% 9% 20% 0% $13,328,360 SVL Silver Mines Limited 0.18 3% 9% 6% -2% $245,758,125 KSN Kingston Resources 0.088 1% 9% 5% 1% $43,322,680 MM8 Medallion Metals. 0.063 0% 9% 13% -9% $19,382,054 TAM Tanami Gold NL 0.038 0% 9% 9% 0% $44,653,688 WGX Westgold Resources. 2.17 1% 9% 3% 130% $1,013,552,642 GBZ GBM Rsources Ltd 0.013 8% 8% -28% -3% $7,443,862 ION Iondrive Limited 0.013 0% 8% 0% -1% $6,321,709 MXR Maximus Resources 0.053 -4% 8% 33% 1% $17,633,317 NAG Nagambie Resources 0.027 -10% 8% 35% -4% $17,451,789 PRU Perseus Mining Ltd 1.8975 -2% 8% 9% -21% $2,650,978,435 EVN Evolution Mining Ltd 4.025 -2% 7% 11% 105% $7,514,755,917 NST Northern Star 12.48 -2% 7% 3% 157% $14,629,584,807 AMI Aurelia Metals Ltd 0.1125 2% 7% 17% -1% $185,874,414 BGL Bellevue Gold Ltd 1.685 -1% 7% 13% 56% $1,964,799,518 GMD Genesis Minerals 1.77 -4% 7% 19% 52% $2,006,104,214 SLR Silver Lake Resource 1.1 0% 7% 5% -9% $1,023,545,045 MRZ Mont Royal Resources 0.165 3% 6% -8% -1% $13,167,190 CAZ Cazaly Resources 0.036 0% 6% 0% 0% $14,220,108 HAV Havilah Resources 0.275 0% 6% 17% -6% $87,075,783 SRN Surefire Rescs NL 0.0095 0% 6% -34% 0% $17,449,154 GRL Godolphin Resources 0.038 0% 6% 6% -4% $6,431,197 TLM Talisman Mining 0.19 -3% 6% 19% 5% $36,722,468 HXG Hexagon Energy 0.01 0% 5% 25% -1% $5,129,159 STK Strickland Metals 0.2 8% 5% 100% 16% $301,318,772 SXG Southern Cross Gold 0.92 2% 5% -4% 12% $81,500,339 BNZ Benz Mining 0.31 0% 5% -22% -10% $34,622,807 GNM Great Northern 0.021 0% 5% 5% -4% $3,247,211 DEG De Grey Mining 1.37 0% 5% 16% 9% $2,536,160,595 DRE Dreadnought Resources Ltd 0.0325 2% 5% 8% -7% $110,622,250 GOR Gold Road Res Ltd 1.9125 -2% 5% 0% 22% $2,105,264,300 CWX Carawine Resources 0.11 0% 5% -7% 1% $25,973,799 GUE Global Uranium 0.11 11% 5% -8% -4% $20,823,266 TIE Tietto Minerals 0.6225 0% 5% 10% -8% $700,408,080 SSR SSR Mining Inc. 17.84 1% 5% -20% -521% $418,758,220 ADN Andromeda Metals Ltd 0.023 10% 5% 5% -2% $65,310,177 AAR Astral Resources NL 0.079 -1% 4% 0% 1% $63,447,803 MAU Magnetic Resources 1.06 0% 4% -1% 20% $258,742,702 MAT Matsa Resources 0.028 0% 4% -22% -1% $13,402,873 BCN Beacon Minerals 0.029 4% 4% 7% 0% $105,189,509 IDA Indiana Resources 0.06 0% 3% 20% 1% $36,746,224 ASO Aston Minerals Ltd 0.031 -6% 3% -3% -5% $42,737,121 AAJ Aruma Resources Ltd 0.032 -3% 3% 0% -2% $6,497,420 LEX Lefroy Exploration 0.165 -3% 3% 3% -10% $33,371,298 KAU Kaiser Reef 0.17 0% 3% 0% 1% $25,139,129 ALK Alkane Resources Ltd 0.6625 -1% 3% 10% 13% $404,303,002 PGO Pacgold 0.2 -2% 3% -15% -16% $17,249,815 TG1 Techgen Metals Ltd 0.085 0% 2% 204% 0% $8,170,037 BC8 Black Cat Syndicate 0.255 2% 2% 21% -10% $75,941,336 BGD Barton Gold Holdings 0.255 2% 2% 6% 6% $48,884,311 EM2 Eagle Mountain 0.055 0% 2% -19% -12% $16,773,177 XAM Xanadu Mines Ltd 0.055 0% 2% -18% 3% $93,545,137 TRM Truscott Mining Corp 0.056 0% 2% -7% 2% $9,708,555 CST Castile Resources 0.059 0% 2% -8% -4% $14,272,243 CMM Capricorn Metals 4.645 -3% 2% -1% 5% $1,804,599,240 SFR Sandfire Resources 6.17 0% 0% 2% 73% $2,815,073,209 MTC Metalstech Ltd 0.14 -2% 0% -15% -38% $26,876,154 FFX Firefinch Ltd 0.2 0% 0% 0% 0% $236,569,315 DCX Discovex Resources 0.002 0% 0% 0% 0% $6,605,136 SLZ Sultan Resources Ltd 0.016 0% 0% -6% -7% $2,371,041 PNX PNX Metals Limited 0.004 0% 0% 33% 0% $21,522,499 YRL Yandal Resources 0.09 1% 0% 64% -1% $17,199,592 FAU First Au Ltd 0.002 0% 0% -20% 0% $2,923,987 GWR GWR Group Ltd 0.075 0% 0% 0% 2% $24,091,249 IPT Impact Minerals 0.011 10% 0% 22% 0% $28,647,039 SMS Star Minerals 0.036 0% 0% 3% -4% $2,733,221 AM7 Arcadia Minerals 0.085 0% 0% 0% -12% $9,269,259 ADT Adriatic Metals 3.2 -2% 0% -6% 5% $779,837,282 HMX Hammer Metals Ltd 0.05 6% 0% 11% -2% $41,661,145 AVM Advance Metals Ltd 0.003 0% 0% 0% -1% $2,377,897 WRM White Rock Min Ltd 0.063 0% 0% 0% 0% $17,508,200 MCT Metalicity Limited 0.002 33% 0% 0% 0% $6,376,629 M2R Miramar 0.02 5% 0% -23% -6% $2,828,521 MHC Manhattan Corp Ltd 0.004 0% 0% -20% 0% $11,747,919 GUL Gullewa Limited 0.055 0% 0% -2% -1% $10,822,521 NAE New Age Exploration 0.008 0% 0% 45% 0% $14,351,191 MTH Mithril Resources 0.002 0% 0% 33% 0% $6,737,609 XTC Xantippe Res Ltd 0.001 0% 0% 0% 0% $17,528,005 NML Navarre Minerals Ltd 0.019 0% 0% 0% -2% $28,555,654 MEU Marmota Limited 0.042 2% 0% 11% -1% $43,410,824 NVA Nova Minerals Ltd 0.255 -2% 0% -5% -43% $54,831,390 DCN Dacian Gold Ltd 0.285 0% 0% -3% 19% $346,788,267 TBA Tombola Gold Ltd 0.026 0% 0% 0% 0% $33,129,243 FML Focus Minerals Ltd 0.17 -3% 0% 3% -9% $50,147,763 HRN Horizon Gold Ltd 0.29 0% 0% -5% -2% $42,003,578 KCC Kincora Copper 0.026 0% 0% -10% -5% $4,163,303 DTM Dart Mining NL 0.017 0% 0% -11% -4% $3,868,854 MKR Manuka Resources. 0.045 0% 0% 13% -4% $25,313,403 EMU EMU NL 0.001 0% 0% 0% 0% $1,667,521 SFM Santa Fe Minerals 0.043 0% 0% 0% -4% $3,131,208 X64 Ten Sixty Four Ltd 0.57 0% 0% 0% -7% $130,184,182 SI6 SI6 Metals Limited 0.006 0% 0% 9% 0% $11,963,157 TMZ Thomson Res Ltd 0.005 0% 0% 0% -1% $4,881,018 WMC Wiluna Mining Corp 0.205 0% 0% 0% 0% $74,238,031 BMO Bastion Minerals 0.016 0% 0% -20% -2% $3,346,484 GSM Golden State Mining 0.018 -5% 0% -5% -3% $4,538,345 POL Polymetals Resources 0.31 -3% 0% 3% 7% $48,693,831 RDS Redstone Resources 0.006 0% 0% -25% 0% $5,228,271 AVW Avira Resources Ltd 0.002 33% 0% 0% 0% $3,200,685 PDI Predictive Disc Ltd 0.23 -2% 0% -6% 5% $486,037,361 ARN Aldoro Resources 0.084 0% 0% -15% -8% $11,308,394 TAR Taruga Minerals 0.01 -9% 0% 0% -1% $7,766,295 NES Nelson Resources 0.005 0% 0% 11% 0% $3,067,972 SPQ Superior Resources 0.02 0% 0% -13% -4% $36,691,075 TNC True North Copper 0.125 0% 0% -17% 7% $41,136,069 MOM Moab Minerals Ltd 0.006 0% 0% -14% 0% $4,271,781 AWJ Auric Mining 0.06 3% 0% 2% 0% $7,589,856 AYM Australia United Mining 0.002 0% 0% -33% 0% $3,685,155 ANL Amani Gold Ltd 0.001 0% 0% 0% 0% $25,143,441 RXL Rox Resources 0.19 0% 0% -17% 2% $68,406,091 KIN KIN Min NL 0.06 -2% 0% 13% -1% $71,867,183 CLZ Classic Min Ltd 0.001 0% 0% 0% -1% $12,357,082 FAL Falconmetalsltd 0.135 0% 0% 0% -15% $23,895,000 TMS Tennant Minerals Ltd 0.034 3% 0% 21% 0% $25,061,302 PXX Polarx Limited 0.007 0% 0% 0% -1% $10,917,317 LM8 Lunnon Metals 0.68 0% -1% -7% -22% $147,598,244 HAW Hawthorn Resources 0.092 2% -1% -3% -2% $30,151,405 TBR Tribune Res Ltd 2.75 2% -1% -14% -128% $141,663,808 ARL Ardea Resources Ltd 0.45 0% -1% -20% -26% $87,597,862 FG1 Flynn Gold 0.082 3% -1% 26% -2% $10,910,607 AZS Azure Minerals 3.94 0% -1% 13% 372% $1,811,784,321 AGC AGC Ltd 0.062 0% -2% -9% 0% $6,200,000 ICL Iceni Gold 0.061 0% -2% -5% -2% $14,631,286 ERM Emmerson Resources 0.058 0% -2% -3% -2% $31,593,168 SVY Stavely Minerals Ltd 0.058 4% -2% -17% -19% $21,388,645 BM8 Battery Age Minerals 0.22 0% -2% -12% -28% $19,610,115 KRM Kingsrose Mining Ltd 0.044 0% -2% -8% -2% $33,111,167 EMC Everest Metals Corp 0.086 2% -2% -9% 1% $13,715,781 AUTDA Auteco Minerals 0.54 4% -3% 20% -23% $184,197,541 SPD Southern Palladium 0.36 0% -3% -8% -45% $15,508,198 IGO IGO Limited 8.44 -2% -3% -13% -502% $6,497,357,836 KAI Kairos Minerals Ltd 0.0155 3% -3% -3% -1% $39,313,683 NWM Norwest Minerals 0.03 0% -3% 0% -2% $8,627,085 PGD Peregrine Gold 0.29 -2% -3% 7% -10% $16,736,945 SNG Siren Gold 0.055 0% -4% -11% -13% $8,742,349 HMG Hamelin Gold 0.082 0% -4% -1% -6% $12,915,000 STN Saturn Metals 0.135 0% -4% -4% -5% $27,491,434 TGM Theta Gold Mines Ltd 0.13 0% -4% 0% 6% $91,789,751 TRE Toubani Resources 0.13 0% -4% 13% -3% $17,402,537 RND Rand Mining Ltd 1.25 0% -4% -4% -11% $71,094,951 FXG Felix Gold Limited 0.05 0% -4% -14% -7% $5,935,320 CHN Chalice Mining Ltd 1.4075 -7% -4% -24% -489% $591,224,222 KAL Kalgoorlie Gold Mining 0.024 0% -4% -14% -6% $3,804,017 ARV Artemis Resources 0.024 0% -4% -4% 0% $38,984,414 WWI West Wits Mining Ltd 0.0115 -4% -4% -18% 0% $29,164,700 DLI Delta Lithium 0.455 -4% -4% -22% -1% $296,764,792 G88 Golden Mile Resources 0.021 0% -5% 24% 0% $6,917,180 MVL Marvel Gold Limited 0.0105 5% -5% -5% -2% $8,637,907 CDT Castle Minerals 0.0105 5% -5% 5% -1% $12,244,930 AME Alto Metals Limited 0.041 -2% -5% -7% -3% $29,996,404 MEI Meteoric Resources 0.2 -2% -5% -17% 15% $398,539,911 GSN Great Southern 0.02 -5% -5% -5% -1% $15,847,339 PUR Pursuit Minerals 0.009 0% -5% -18% -1% $26,495,743 GAL Galileo Mining Ltd 0.27 -2% -5% -14% -61% $54,346,855 PRS Prospech Limited 0.034 -17% -6% 70% 1% $9,010,159 CEL Challenger Gold Ltd 0.066 -6% -6% -22% -11% $88,169,568 GED Golden Deeps 0.049 -2% -6% -2% -4% $5,776,117 MDI Middle Island Res 0.016 0% -6% -26% -2% $3,482,464 LCY Legacy Iron Ore 0.016 -3% -6% -6% 0% $105,712,632 GIB Gibb River Diamonds 0.031 0% -6% -23% -3% $6,556,793 FEG Far East Gold 0.15 0% -6% -6% -33% $27,090,932 ORN Orion Minerals Ltd 0.015 7% -6% -17% 0% $81,830,486 MI6 Minerals260 Limited 0.295 2% -6% -12% -5% $67,860,000 AQI Alicanto Min Ltd 0.043 0% -7% -17% 0% $26,459,483 CBY Canterbury Resources 0.028 0% -7% 22% -1% $4,046,659 THR Thor Energy PLC 0.028 0% -7% 8% -3% $5,221,784 PNT Panther Metals 0.056 0% -7% -24% -13% $3,424,400 HCH Hot Chili Ltd 1.01 -1% -7% -7% 14% $122,431,336 AL8 Alderan Resource Ltd 0.0065 0% -7% -46% 0% $7,194,598 BBX BBX Minerals Ltd 0.025 0% -7% -7% -8% $15,756,296 BAT Battery Minerals Ltd 0.037 0% -8% -16% -8% $4,425,366 MLS Metals Australia 0.035 -5% -8% -10% -1% $23,089,339 GMR Golden Rim Resources 0.011 0% -8% -48% -2% $6,507,472 LYN Lycaonresources 0.155 0% -9% -30% -12% $6,828,719 BEZ Besragoldinc 0.155 7% -9% 3% 10% $60,624,631 WA8 Warriedar Resoures 0.05 0% -9% -14% -12% $25,273,476 RDN Raiden Resources Ltd 0.046 7% -10% 24% 4% $113,721,618 ALY Alchemy Resource Ltd 0.009 -10% -10% -10% -1% $11,780,763 TTM Titan Minerals 0.029 -11% -11% -16% -4% $49,669,253 PRX Prodigy Gold NL 0.008 0% -11% 0% 0% $14,008,863 G50 Gold50 Limited 0.12 0% -11% -4% -13% $13,114,800 RML Resolution Minerals 0.004 0% -11% -20% 0% $5,029,167 CXU Cauldron Energy Ltd 0.016 14% -11% 68% 1% $15,850,288 M24 Mamba Exploration 0.032 0% -11% 3% -11% $1,951,467 KNB Koonenberrygold 0.032 0% -11% -20% -3% $3,831,971 PNM Pacific Nickel Mines 0.087 -1% -11% -5% 0% $36,806,273 KTA Krakatoa Resources 0.045 2% -12% 125% 0% $19,135,508 SKY SKY Metals Ltd 0.037 -8% -12% -12% -1% $18,455,924 KZR Kalamazoo Resources 0.11 -4% -12% 17% -10% $19,707,489 BYH Bryah Resources Ltd 0.014 -7% -13% 17% -1% $6,504,109 CY5 Cygnus Metals Ltd 0.135 0% -13% -25% -25% $39,319,984 NSM Northstaw 0.071 -3% -13% 87% -8% $8,769,271 CDR Codrus Minerals Ltd 0.057 0% -14% -7% -7% $4,998,188 AQX Alice Queen Ltd 0.006 0% -14% -50% -3% $872,952 MKG Mako Gold 0.009 0% -14% -44% -3% $5,961,685 ADG Adelong Gold Limited 0.006 9% -14% 0% 0% $3,279,773 LRL Labyrinth Resources 0.006 0% -14% 0% -1% $7,125,262 ILT Iltani Resources Lim 0.145 0% -15% -3% 0% $4,931,523 ZNC Zenith Minerals Ltd 0.14 8% -15% 57% -13% $45,809,515 LCL LCL Resources Ltd 0.022 5% -15% -19% -4% $16,680,394 ICG Inca Minerals Ltd 0.011 0% -15% -39% -1% $6,428,791 MEG Megado Minerals Ltd 0.026 -7% -16% -30% -2% $7,124,756 ASR Asra Minerals Ltd 0.0075 0% -17% 15% -1% $10,921,542 ENR Encounter Resources 0.31 3% -17% 3% 13% $120,675,234 AZY Antipa Minerals Ltd 0.014 -7% -18% 0% -1% $62,022,119 AAU Antilles Gold Ltd 0.023 5% -18% 7% -1% $17,663,955 SBR Sabre Resources 0.035 -8% -19% -13% 0% $13,759,373 NMR Native Mineral Resources 0.025 -4% -19% -31% -9% $5,453,513 MOH Moho Resources 0.0095 -5% -21% 36% -1% $5,100,666 ADVDB Ardiden Ltd 0.18 0% -24% -16% -12% $11,253,151 OZM Ozaurum Resources 0.11 0% -24% 31% 4% $17,462,500 MRR Minrex Resources Ltd 0.016 0% -27% 14% -2% $17,357,880 NPMDA Newpeak Metals 0.02 -29% -80% -80% -8% $2,798,762 TRY Troy Resources Ltd 0 0% -100% -100% -3% $62,920,961 MGV Musgrave Minerals 0 0% -100% -100% -21% $230,571,100 RVR Red River Resources 0 0% -100% -100% -7% $37,847,908 NCM Newcrest Mining 0 0% -100% -100% -1932% $20,880,287,592 CHZ Chesser Resources 0 0% -100% -100% -9% $65,818,414
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Top ASX Juniors moving this week
STK has been on a tear the last couple of months after showing us the enormous potential of its Marwari gold project through exploration work.
The cashed up explorer only recently sold its Millrose gold project to Northern Star Resources (ASX:NST) for a whopping $61m, yet went straight back into exploration and is making discovery upon discovery in WA’s prolific Yandal Greenstone Belt.
The latest from Marwari is the extension of mineralisation which is now a whopping 1.1km long and a far cry from when it first showed the market it was 350m.
Step-out AC drilling has now demonstrated that Marwari doesn’t just extend at depths, it also extends (at least) southwards for 400m.
Notable intersections include:
16m @ 0.5g/t gold from 32m including 4m @ 1.3g/t gold and 4m @ 5.1g/t gold from 60m; and
64m @ 0.3g/t gold from 16m including 8m @ 1g/g gold and 10m @ 1.5g/t gold from 92m.
There’s likely more news on its way as its stock price seems only to have one direction at the moment – UP.
Talk about being in the right place at the right time. The $3.35m junior has picked up $500,000 in cash and $500,000 in shares by selling its LCT rights for its Lyons River project in WA’s Gascoyne to Delta Lithium (ASX:DLI) .
That’s because it wants the extra cash to focus on the high-grade gold it’s struck at Goodbody just a few kilometres down the road from Delta’s Yinnetharra discovery.
DAL soared ~80% in early trade today, settling to a 44% rise by the afternoon on the back of the selling-off of its LCT mineral rights.
Gold-bearing quartz veins were samples at a now defined >200m strike at the Goodbody West area.
“Our Goodbody gold prospect presents itself as a compelling drill target with high-grade results of up to 6.25g/t Au in an overall 6km strike length gold anomalous zone,” DAL MD James Croser says.
GSR is hitting the books to review the potential of its Phillips Find and Burbanks gold projects in WA’s Goldfields region where at the latter, the explorer recently proved up bonanza Au grades of up to 1.55m @20.4g/t below the existing resource.
The historical 444,600oz Burbanks already has a granted mining lease, giving it the ability to quickly get into production once it settles on an economic plan to move forward.
Up to 66 holes have been identified to have the potential to intercept modelled ore lodes based off recent analysis.
“The recent open-pit optimisation work at Burbanks highlights the potential for a high-grade starter pit within the existing permitted footprint, with early discussions already underway with potential mining and processing partners,” GSR MD Chris Hansen says.
“Outside of the current mining optimisation program, the company has recently completed a detailed lithologic and petrographic review serving to identify up to 66 drill holes which may intercept previously modelled ore lodes.
“To put this resampling campaign into context, the typical ~10,000m drill campaigns previously completed by the company usually results in 30-40 holes being drilled.
“Importantly, the resampling does not require any further drilling, merely low-cost re-logging and sampling.”
Meanwhile, Phillips Find has resource of 732,960t @ 2.3g/t for 54,567oz Au that is either adjacent to, or below the historical open pits, with GSR conducting pit optimisation work.
While Strickland Metals and Greenstone Resources are Stockhead advertisers, they did not sponsor this article.
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