The Day's Play | July 14 | Multi-billion-tonne mineral sands target, copper expansion and strategic acquisition
The Day's Play by Market Open, covers all the material ASX announcements from today's session with a focus on resources, drilling results, capital raises, and board changes.
Today's episode covers:
Tusker Minerals (TSK) defines a 2.1 to 2.6 billion tonne JORC Exploration Target at the Douala Basin Project in Cameroon, with indicative grades of 0.3 to 0.35 percent rutile and proximity to the Port of Douala.
TechGen Metals (TG1) extends the Red Devil copper-gold shear zone to 1.8 kilometres with rock chip assays up to 42.6 percent copper and 4.56 grams per tonne gold ahead of maiden drilling at the Blue Devil Project in Western Australia.
Olympio Metals (OLY) completes the acquisition of the Raven Silver Project in Montana and the Sawtooth Antimony Project in Idaho, adding 107 mineral claims with no modern exploration history.
GoldArc Resources (GA8) reports high-grade grade control results at Mt Stirling Well including 1 metre at 31.0 grams per tonne gold, the deposit's strongest intercept to date.
Kingfisher Mining (KFM) returns 26 metres at 2.57 percent copper and 0.75 grams per tonne gold at Copper Blow near Broken Hill.
West African Resources (WAF) drills 27 metres at 6.7 grams per tonne gold beneath the M5 South Ore Reserve at Sanbrado in Burkina Faso.
MB Gold (MBG) discovers a new gold zone at Twin Veins East in the Pilbara with assays up to 1 metre at 13.12 grams per tonne gold.
Iceni Gold (ICL) confirms the Gander Fault at Goose Well within the 14 Mile Well Gold Project, with assay results due in August.
Mammoth Minerals (M79) expands high-grade targets at Imperial in Nevada with rock chips returning up to 22.1 grams per tonne gold, 1,631 grams per tonne silver and 15.6 percent copper ahead of RC drilling.
HeraMED (HMD) completes its Phase 1 pilot with Lee Health in Florida and progresses toward a Phase 2 decision.
Recce Pharmaceuticals (RCE) secures a Vietnamese Family 4 patent extending protection for its anti-infective platform to 2041.
Trading halt: Unith Limited (UNT).
Capital raise: AuKing Mining (AKN) raises 5 million dollars at 0.025 cents per share for Tundulu rare earths drilling in Malawi.
Board and executive changes at Coronado Global Resources (CRN), Cash Converters International (CCV), Celsius Resources (CLA), Tinybeans Group (TNY), and Stelar Metals (SLB).
This episode is proudly supported by Frontline Drilling, MPH Lawyers, and Relait.