{"id":11919,"date":"2023-06-20T00:51:45","date_gmt":"2023-06-20T00:51:45","guid":{"rendered":"https:\/\/economicherald.net\/?p=11919"},"modified":"2023-06-20T00:51:45","modified_gmt":"2023-06-20T00:51:45","slug":"top-10-at-10-who-just-got-the-green-light-to-move-forward-on-gold-prospect","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=11919","title":{"rendered":"Top 10 at 10: Who just got the green light to move forward on gold prospect?"},"content":{"rendered":"

Stockhead\u2019s Top 10 at 10, published at ~10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data.<\/p>\n

It\u2019s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms.<\/p>\n

The market opens at 10am (eastern time) and the data is taken at 10:15am, once every\u00a0ASX\u00a0stock has started trading.<\/p>\n

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WINNERS<\/h2>\n

Stocks highlighted in yellow have made market-moving announcements\u00a0(click\u00a0headings to sort).<\/em><\/strong><\/p>\n

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Code Description Last % Volume MktCap PKD Parkd Ltd 0.029 53% 183,777 $1,934,548 DCX Discovex Res Ltd 0.003 50% 500,000 $6,605,136 MTL Mantle Minerals Ltd 0.002 33% 202,454 $9,221,169 KNB Koonenberrygold 0.04 29% 25,025 $2,348,450 GFN Gefen Int 0.009 29% 4,214 $476,701 SBW Shekel Brainweigh 0.1 25% 11 $15,908,500 SXL Sthn Cross Media 0.95 25% 2,093,579 $182,323,353 AVW Avira Resources Ltd 0.0025 25% 407,800 $4,267,580 WEC White Energy Company 0.12 20% 25,000 $4,456,929 BTR Brightstar Resources 0.012 20% 2,478,478 $15,740,152 <\/p>\n

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DiscovEX Resources (ASX:DCX)<\/a><\/strong> is on the winners list today after announcing a Sylvannia Exploration update, including that it has completed heritage surveys with the Karlka Nyiyaparli Aboriginal Corporation over priority drill areas at the Contact gold prospect.<\/p>\n

The company said preliminary advice has been received from traditional owners, confirming clearance of multiple drill lines at the Contact prospect.<\/p>\n

Clearance\u00a0 has also been received for additional areas selected by Rio Tinto (ASX:RIO)<\/a><\/strong> as part of their Option Agreement with DCX. Exploration drilling and geophysical activities is scheduled for August with additional heritage surveys to start in late June.<\/p>\n

Geophysics planned for the Prairie Downs Fault Zone, targeting copper-gold and lead-zinc mineralisation.<\/p>\n

Southern Cross Media Group (ASX:SXL<\/strong>)<\/a> is also on the winners list this morning after announcing that ARN Media (ASX:A1N)<\/strong><\/a>\u00a0 has acquired a 14.8% interest in SCA for $38.3 million.<\/p>\n

SXL said\u00a0 that under the Broadcasting Services Act 1992,<\/em> A1N would be deemed to control its commercial radio and television broadcasting licences if it held an interest of 15% in SCA.<\/p>\n

As SXL and A1N control the maximum permitted two commercial radio broadcasting licences in all metropolitan markets and several regional markets, the BSA prohibits A1N holding an interest of 15% or more in SXL.<\/p>\n

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LOSERS<\/h2>\n

Stocks highlighted in yellow have made market-moving announcements (click headings to sort).\u00a0<\/em><\/strong><\/p>\n

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Code Company Price % Volume Market Cap CCE Carnegie Cln Energy 0.001 -33% 527,147 $23,463,861 MTH Mithril Resources 0.001 -33% 100,000 $5,053,207 OAU Ora Gold Limited 0.002 -20% 20,000 $9,842,313 LKE Lake Resources 0.31 -18% 12,334,177 $540,528,989 PUA Peak Minerals Ltd 0.0025 -17% 1,000,000 $3,124,130 PEC Perpetual Res Ltd 0.011 -15% 9,723 $7,091,292 NOR Norwood Systems 0.03 -14% 298,821 $14,154,544 OAR OAR Resources Ltd 0.003 -14% 200,001 $8,998,633 ROG Red Sky Energy 0.003 -14% 33,400 $18,557,795 CNJ Conico Ltd 0.007 -13% 360,000 $12,560,760 <\/p>\n

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The post Top 10 at 10: Who just got the green light to move forward on gold prospect?<\/a> appeared first on Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Stockhead\u2019s Top 10 at 10, published at ~10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. 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