Top 10 at 11: Rich gold vein and a zinc mine for sale are the news today

Good morning, and welcome to Stockhead’s Top 10 at 11-ish, a short, sharp update to help frame the trading day.

Pic via Getty Images

Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, which is meant 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 I do my 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 got crunched to an early loss this morning, and by 10.30am the benchmark was slightly improved at -1.01%.

WINNERS

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

Security	Description	Last	%	Volume	MktCap
FG1	Flynngold	0.041	57.7	16,001,645	$6,618,162
MCT	Metalicity Limited	0.003	50.0	114,593	$8,971,705
AUK	Aumake Limited	0.004	33.3	8,837,388	$5,743,220
SIS	Simble Solutions	0.004	33.3	776,399	$2,260,352
MTL	Mantle Minerals Ltd	0.0025	25.0	769,001	$12,394,892
OVT	Ovanti Limited	0.005	25.0	825,610	$4,960,422
PNX	PNX Metals Limited	0.005	25.0	8,001	$23,880,859
RNE	Renu Energy Ltd	0.005	11.1	600,000	$3,267,603
VRC	Volt Resources Ltd	0.005	25.0	65,000	$16,634,713
REZ	Resourc & En Grp Ltd	0.02	14.3	2,074,778	$11,316,185

Flynn Gold (ASX:FG1) was an early leader on Friday morning after delivering news of a new high-grade gold discovery in Northeastern Tasmania, at the company’s Golden Ridge project. Drilling has revealed a gold vein zone in trenching 250m north of the Trafalgar mine, with 17 out of 36 grab rock chip samples assayed at over 10g/t Au, including 99.4g/t Au, 76.6g/t Au and 67.1g/t Au.

Metalicity (ASX:MCT) was up on news that it has appointed Argonaut PCF to seek indicative offers for its Admiral Bay Zinc Project, located in the Canning Basin, Kimberley Region of Western Australia, which the company says “hosts one of the largest zinc resources in the world, based on existing JORC 2012 compliant mineral resource (170mt @ 7.5% Zn eq)”.

LAGGARDS

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

Code	Company	Price	%	Volume	Market Cap
88E	88 Energy Ltd	0.002	-33.3	833,347	$86,678,016
NTM	Nt Minerals Limited	0.008	-33.3	2,234,101	$12,208,835
RIL	Redivium Limited	0.002	-33.3	21,538,865	$8,192,564
AAU	Antilles Gold Ltd	0.003	-25.0	4,000,000	$5,845,711
TMK	TMK Energy Limited	0.003	-25.0	799,998	$27,686,448
ROG	Red Sky Energy.	0.004	-20.0	941,008	$27,111,136
SIH	Sihayo Gold Limited	0.002	-20.0	40,000	$30,510,640
ATH	Alterity Therap Ltd	0.005	-16.7	9,475,769	$31,470,692
BNL	Blue Star Helium Ltd	0.005	-16.7	694,960	$11,669,312
MCL	Mighty Craft Ltd	0.005	-16.7	1,127,030	$2,213,456

Originally published as Top 10 at 11: Rich gold vein and a zinc mine for sale are the news today