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Top 10 at 11-ish: A Big Red peggie gets even bigger and QLD gets a high-grade gold-copper hit

Good morning/afternoon, and welcome to Stockhead’s Top 10 – a short, sharp update to help frame the trading day.

Pic via Getty Images
Pic via Getty Images

Good morning, and welcome to Stockhead’s Top 10 at the special time of… shortly-after-11-ish today.

It's designed (and written) to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms that have made announcements.

The market opens at 10am (eastern time) and the data is taken at 10:15am, once every ASX stock has started trading – for better or worse – and then we do our best to make sense of who’s moving where and why it might be happening.

Anyway… here’s what’s been happening since the doors were opened this morning. The ASX opened slightly higher today, with the benchmark rising to +0.61% at the time of tapping on keys. So far, all sectors are in the green with Telcos, Real Estate and Materials looking particularly strong.

What's not strong is my broadband connection this morning. Let's see if it holds together long enough to at least post the following charts…

WINNERS

Stocks highlighted in yellow have made market-moving announcements (click headings to sort).

Security Description Last % Volume MktCap
TKL Traka Resources 0.002 100% 498,000 $1,750,659
KLI Killiresources 0.066 53% 15,988,232 $5,169,621
TMK TMK Energy Limited 0.004 33% 500,000 $20,764,836
LYK Lykosmetalslimited 0.03 30% 451,764 $4,332,178
SLM Solismineralsltd 0.11 28% 445,857 $6,618,050
FBM Future Battery 0.035 25% 956,526 $18,543,726
AHN Athena Resources 0.0025 25% 203,926 $2,140,935
ATH Alterity Therap Ltd 0.005 25% 125,000 $20,980,461
ME1 Melodiol Glb Health 0.0025 25% 877,082 $612,527
YPB YPB Group Ltd 0.0025 25% 5,000,000 $4,615,923

Killi Resources (ASX:KLI) says that fresh assays indicate a new epithermal gold system at its Kaa target in Queensland, nicely exposed at surface.

It's talking:

• Multiple high-grade Au-Cu rock chips including “an outstanding 238g/t Au and 5.4% Cu.”
• Results extend the current mineralisation over 1.8km and remains open along strike with results confirming highgrade gold-copper-silver mineralisation in association with highly anomalous pathfinder elements of antimony, bismuth, mercury and tellurium..
• Exploration field programs continue with surface mapping and an IP survey currently underway, while a maiden drill program will follow the IP Survey.

Future Battery Minerals (ASX:FBM): Phase 4B RC drilling at Future Battery Minerals’ Kangaroo Hills lithium asset has extended the thick Big Red pegmatite a further 200m.

in brief:

• Assays from a 19-hole RC drilling campaign for 3,109m have expanded FMB’s Big Red pegmatite.

• Results including 27m at 1.04% Li20 from 118m have been received.

• The next round of drilling will focus on walk-up targets at the newly acquired Miriam project.

LOSERS

Stocks highlighted in yellow have made market-moving announcements (click headings to sort).

Code Company Price % Volume Market Cap
CLZ Classic Min Ltd 0.001 -50% 19,005,133 $1,616,730
LPD Lepidico Ltd 0.002 -33% 349,666 $25,767,358
ALR Altairminerals 0.004 -20% 1,050,052 $21,482,888
BXN Bioxyne Ltd 0.004 -20% 310,520 $10,233,227
HLX Helix Resources 0.002 -20% 1,641,209 $8,160,484
PAB Patrys Limited 0.006 -14% 41,502 $14,402,131
AAU Antilles Gold Ltd 0.0035 -13% 69,900 $3,986,140
ADD Adavale Resource Ltd 0.0035 -13% 316,113 $4,261,061
MEM Memphasys Ltd 0.007 -13% 5,390,102 $11,061,985
PWN Parkway Corp Ltd 0.007 -13% 1,300,000 $22,136,911

Originally published as Top 10 at 11-ish: A Big Red peggie gets even bigger and QLD gets a high-grade gold-copper hit

Original URL: https://www.heraldsun.com.au/business/stockhead/top-10-at-11ish-a-big-red-peggie-gets-even-bigger-and-qld-gets-a-highgrade-goldcopper-hit/news-story/dda2500de27dd8c1bd445354f2dea41f