The Day's Play | July 3 | Copper discovery, silver system and uranium validation
The Day's Play by Market Open — Episode Rundown
Richie B calls today's full card of ASX announcements across resources, medtech, corporate governance, and capital raises. Here is what is covered in today's episode.
Azzuro Resources (AZ9): Batch 2 assay results from the Red Hill copper-gold VMS project in Mongolia deliver high-grade massive sulphide intersections including 21.45 metres at 1.70 percent copper. Nine holes still pending, all results due in July.
Flynn Gold (FG1): Maiden diamond drilling at North Henty in western Tasmania hits silver-lead-zinc in all five holes. The standout returns 1 metre at 1,349.9 grams per tonne silver equivalent, supporting a strike-extensive vein system across a 1.6 kilometre trend.
Noronex (NRX): Maiden RC drilling validates the uranium exploration model at Etango North in Namibia's Rossing-Husab corridor. Best result 4 metres at 270 parts per million U3O8. Company has exercised its option to earn a 51 percent interest.
OncoSil Medical (OSL): HDE application for the OncoSil device now in formal FDA review. A decision is expected within approximately 45 days. Device targets a rare bile duct cancer and already holds CE marking in Europe and the UK.
Riversgold (RGL): 21-year mining lease granted at the Northern Zone Gold Project near Kalgoorlie. Key condition precedent under the Mega Resources funding deal is now satisfied, clearing the path to fully funded mining operations.
Orthocell (OCC): Remplir nerve repair product gains an exclusive distributor in Thailand following local regulatory approval. Thailand nerve repair market estimated at US$84 million. Orthocell holds over A$48 million cash with no debt.
High-Tech Metals (HTM): Initial RC assay results from Mt Fisher return 12 metres at 2.30 grams per tonne gold. Resource remains open in multiple directions. Phase Two drilling begins mid-August.
GreenTech Metals (GRE): Board approves 8,310 metre drill program at Munni Munni and Whundo. Rig contracted for late July mobilisation. WA Government co-funding a 200,000 dollar FLEM survey.
Pursuit Minerals (PUR): Diamond drilling commenced at Mito targeting a newly defined basin-scale conductive brine system extending beyond one kilometre depth within the Rio Grande Sur Lithium Project in Argentina.
Mamba Exploration (M24): Three new prospecting licence applications acquired at Meeka East to extend the Bella Trend. Consideration is 2.5 million shares, no royalty. Heritage survey scheduled late July ahead of RC drilling.
Trading halt: IMU.
Capital raise: Enlitic (ENL) raising approximately A$15 million at A$0.004 per CDI.
Board and leadership changes covered for Boss Energy (BOE), Cue Energy Resources (CUE), Helios Energy (HE8), Viva Energy Group (VEA), and EMC Gold (EM3).