News
Alchemy Resources (ASX: ALY) defines maiden resource estimate of 342Koz at Overflow
October 20, 2023 12:05 PM AEDT| By Sonal GoyalAt the Overflow deposit, the maiden mineral resource has been estimated at 342Koz @ 1.30g/t AuEq (gold equivalent) from surface.,Mineralisation at the deposit remains open at depth and along strike, indicating substantial potential to expand th...
King River Resources (ASX: KRR) ends September quarter with continued progress at Tennant Creek
October 19, 2023 04:01 PM AEDT| By ManishaHighlights,King River Resources closed the three-month period ended 30 September 2023 at a cash position of AU$4,741,480.,The company completed the 2023 geophysics program at the Tennant Creek gold-copper projects last month.,As per the company, resu...
Black Canyon (ASX: BCA) reports further manganese discoveries at its Balfour Prospects
October 19, 2023 01:45 PM AEDT| By Sonal GoyalHighlights,Further drill assays from Balfour Manganese Field have confirmed manganese enriched shales at the Pickering and Damsite prospects.,The company expects to finalise mineral resource estimates by the end of this quarter for the KR1, KR2, Balf...
Jindalee Resources (ASX: JRL) AU$3.5M public offer to close early
October 19, 2023 01:10 PM AEDT| By Sonal GoyalHighlights,Jindalee is closing its AU$3.5 million public offer early as it has received applications in excess of the maximum amount sought.,With this public offer, over 150 new investors would join JRL’s share register.,The AU$2 million priority off...
Vanadium Resources (ASX: VR8, DAX: TR3) increases project interest in Steelpoortdrift to 82%
October 19, 2023 12:19 PM AEDT| By Sonal GoyalHighlights,VR8 has increased its interest by 7.95% to 81.90% in the Steelpoordrift project.,The consideration comprises ZAR 5,800 in cash and 14,031,220 share options for acquiring VR8 shares.,The company is focused on raising the required constructi...
Clinuvel Pharmaceuticals (ASX: CUV) aims to make all its divisions profitable in 5 years
October 19, 2023 10:53 AM AEDT| By Team Kalkine MediaHighlights,Clinuvel is an international pharmaceutical firm which is focused on developing and marketing treatments for a range of disorders,Since FY2017, the company has been revenue and cashflow positive,In the coming five years, the company intend...
Praemium (ASX: PPS) expects 10-15% annual growth in FUA over the medium term
October 17, 2023 11:30 PM AEDT| By Team Kalkine MediaHighlights,Praemium provides financial planning tools, investment platforms and portfolio administration services,The company witnessed 17% YOY growth in total revenue in the financial year 2023,On Tuesday (17 October 2023), PPS shares closed 0.88% d...
Vertex Minerals (ASX: VTX) advances Reward PFS, engages consultant for gold plant design
October 17, 2023 03:15 PM AEDT| By Sonal GoyalHighlights,VTX has engaged Ground Control Engineering to advance a pre-feasibility study on Reward Gold Mine.,Gekko Systems will perform metallurgical data review and deliver design and engineering works for the Gravity gold plant.,The Reward gold de...
Raiden Resources (ASX: RDN, DAX: YM4) reports high spodumene content at Andover South
October 17, 2023 02:31 PM AEDT| By Sonal GoyalHighlights,XRD analysis of Andover South project samples has confirmed spodumene presence as the lithium bearing mineral.,The initial samples confirmed spodumene content of up to 29% and low content of micas.,Three samples reported grades of 2.22%, 0...
Cooper Metals (ASX: CPM) rounds off initial RC drilling over five Mt Isa East Cu-Au prospects, shares gain 13%
October 17, 2023 01:30 PM AEDT| By ManishaCooper Metals has completed initial RC drilling over five Cu-Au prospects at the Mt Isa East Cu-Au Project.,The five copper-gold prospects are Brumby Ridge, Yarraman, Long Slot, Mafic Sweats South and Raven.,Total 14 holes have been completed o...
Cannindah Resources (ASX: CAE) reports significant gold zones at Cannindah East
October 17, 2023 01:23 PM AEDT| By Sonal GoyalHighlights,Wide gold zones have been located at Cannindah East, 500m away from the previous drilling at the Mt Cannindah Breccia zone.,The most significant result includes 121 metres @ 0.5g/t Au and 41 metres @ 0.75 g/t Au in near surface argillised...
Radiopharm Theranostics (ASX: RAD) gets FDA approval for Trivehexin Phase 1 trial
October 17, 2023 01:01 PM AEDT| By Sonal GoyalHighlights,The FDA and the New York State Board of Pharmacy have provided approvals for the distribution of RAD 301 in New York City.,FDA has granted permission to conduct a Phase 1 clinical trial for Trivehexin diagnostic in patients with pancreatic...
Prescient Therapeutics (ASX: PTX) to present Phase 1b cancer trial data at prestigious haematology conference
October 17, 2023 11:54 AM AEDT| By Sonal GoyalHighlights,Abstract for the Phase 1b cancer trial results will be presented at the world’s largest haematology conference.,The latest development is a validation to PTX work in T cell lymphomas, an area of unmet clinical need.,The ASH conference is d...
OFX Group (ASX: OFX) expects income growth momentum in FY24 to continue as Q1 operating income jumps 26%
October 17, 2023 12:08 AM AEDT| By Team Kalkine MediaHighlights,OFX Group provides money transfer and foreign exchange services across more than 50 countries,In the first quarter of FY24, the company reported 25.5% growth in net operating income,Selector Funds Management Limited has the highest stake i...
Vanadium Resources (ASX: VR8 FRA: TR3) FY23 progress: Steelpoortdrift Project advancing towards Financial Investment Decision (FID)
October 16, 2023 06:08 PM AEDT| By ManishaHighlights,Vanadium Resources is progressing its Steelpoortdrift Vanadium Project in South Africa at full pace towards FID.,As per the encouraging economics and technical viability results from the DFS, the project can produce around 484,000t of vana...
Tempest Minerals (ASX: TEM) spots new high priority targets in Yalgoo electromagnetic survey
October 16, 2023 02:26 PM AEDT| By ManishaTempest Minerals has received results from a recently conducted regional electromagnetic survey at its Yalgoo Projects.,The results have identified several high priority targets in regional EM survey.,As per the results, there exists an anomaly...
Raiden Resources (ASX: RDN, DAX: YM4) commences lithium soil sampling at Mt Sholl
October 16, 2023 12:44 PM AEDT| By Sonal GoyalHighlights,Soil sampling has begun at the Mt Sholl Project.,The goal is to define lithium-bearing pegmatite mineralisation in areas under cover.,XRD mineral analysis from Andover South is expected to be finalised soon.,Remote sensing across Arrow and...
Jindalee Resources (ASX: JRL) raising AU$5.5M to rev up McDermitt lithium project
October 16, 2023 11:45 AM AEDT| By Sonal GoyalHighlights,Jindalee seeks to raise up to AU$5.5 million via a priority offer and a public offer of AU$2 million and AU$3.5 million, respectively.,Proceeds from the capital raise would assist in advancing the company’s US-based McDermitt Lithium Proje...
Two relatively hidden ASX shares for surpassing the index
October 14, 2023 05:45 AM AEDT| By Team Kalkine MediaIn the vast landscape of the Australian Securities Exchange (ASX), uncovering hidden gems that have the potential to outperform the index can be a rewarding endeavor. Two relatively lesser-known ASX shares that might deserve attention from savvy inve...
Skin Elements (ASX: SKN) pioneering modern natural biotechnology with SE FormulaTM
October 13, 2023 06:43 PM AEDT| By ManishaHighlights,Formulation company Skin Elements is now stepping up from innovation to commercialisation.,The Eco Nurture crop sample testing returned improved stress tolerance, wellness and natural resilience levels during investigations and prototype f...
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