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
Harvest Technology Group (ASX:HTG) has confirmed second and third orders to supply its Nodestream technology to a major Five-Eyes defence customer, with expectations of more orders in the coming months. The tech is being deployed primarily for intelligence, surveillance and reconnaissance applications, with the combined value of the latest orders ~$380,000 with payment received upfront.
Magnetic Resources (ASX:MAU) has added to its recent upgrade to gold resources at its Laverton project in WA, with new drilling returning a 550m depth extension at Lady Julie North 4, which hosts the kind of strong, thick breccia zones that are prevalent in Anglo Ashanti’s world class Sunrise Dam deposit, which has both parallel to near-surface shear zones and vertical mineralisation going downwards into several of their individual deposits.
NickelSearch (ASX:NIS) reports that it is continuing to build its inventory of lithium targets after infill soil sampling confirmed significant lithium-caesium-tantalum anomalies to the west and south of the quarry at its 109km2 Carlingup project, within the Ravensthorpe greenstone belt in WA.
More News from Wednesday
Greenstone Resources’ (ASX:GSR) is expediting pathways to production for its Phillips Find and Burbanks mining centres, with assays on their way from 15 of 75 relogged and sampled holes with the potential to add future resource ounces to its total for the Coolgardie Mining Centre, which has a combined global resource of 6.8Mt @ 2.4g/t gold for 520,134oz.
Soil sampling carried out by Taiton Resources (ASX:T88) in the second half of 2023 identified a coherent 2.5km molybdenum anomaly, while maiden drilling completed in September confirmed the presence of molybdenum at the Merino prospect, evidence that the company’s Highway project in South Australia is a significant molybdenum play with mineralisation intersected over a width of more than 1,000m.
Executive and technical mining expert Matt Hartmann has joined Locksley Resources (ASX:LKY) to lead US operations and drive the company’s Mojoave rare earth (REE) project in California. just a stone’s throw from the USA’s only operating REE mine, Mountain Pass – which accounts for a whopping 15% of global supply.
Viridis Mining and Minerals (ASX:VMM) has signed two binding agreements to secure an additional 101km2 of additional mining rights alongside its currently held licences at the Poços De Caldas Alkaline Complex, Minas Gerais, Brazil.
Ionic Rare Earths (ASX:IXR) has had some movement in the boardroom, with former Sayona Mining (ASX:SYA) managing director Brett Lynch stepping into the role of executive chairman, effective today, bringing with him more than 30 years’ worth of experience in international business development and management.
Dynamic Metals (ASX:DYM) has identified two lithium soil anomalies – each more than 1,000m in strike and 300 to 600m wide – at the Franks Far Southeast (FFSE) prospect within the Widgiemooltha project, where the company has been systemically working through the lithium potential of its substantial land package in Western Australia’s Goldfields region.
Fatfish Group (ASX:FFG) has a new recruit to brag about as well, following the appointment of Rhys Campbell as the company’s new senior director of Social Gaming. Campbell’s got form in that market sector – he was VP of Engineering at global social gaming company Virtual Gaming Worlds, overseeing growth and development of the engineering department at a time when that company delivered financial year revenues of A$4.3 billion.
And briefly, Besra Gold (ASX:BEZ) would like everyone to know that it’s been shopping, and snapped up 1,802 shares in North Borneo Gold (NBG), the owner of the Bau gold project, from Gladioli Enterprises for a cool half-million dollars. The purchase pushes Besra’s ownership of NBG up by 0.72% to 98.5%, which – on an equity adjusted basis – represents an increase in Besra’s interest in Bau of 0.78% to 93.55%.
Maiden drilling at GCX Metals’ (ASX:GCX) underexplored Dante project is about to kick off after the junior received approvals to test copper, gold, PGE and nickel targets, inside the erupting 140,000km2 copper-rich West Musgrave mining province and surrounded by mega deposits such as BHP’s (ASX:BHP) under-construction 390Mt @ 0.63% copper Nebo-Babel project and its already producing 160Mt @ 0.6% copper Succoth mine.
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