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Nimy Resources (ASX:NIM) is a mineral exploration business targeting the discovery and development of critical mineral deposits at its Mons project in the Yilgarn Craton of Western Australia. The company is fast-tracking exploration efforts after recently unveiling a high-grade gallium discovery at its Block 3 prospect. Nimy Resources Managing Director, Luke Hampson, joins Lel Smits from The Stock Network to discuss:
⛏️ Significance of gallium in the modern-day high-tech world
⚒️ Drilling objectives and its collaboration with US critical minerals supply chain specialist, M2i Global
Mineral exploration business Cannindah Resources (ASX: CAE) has delivered an “outstanding” copper intercept from its first hole in a recently commenced drilling campaign at its Mt Cannindah project in Queensland.
🟠 The 71m hit grading 0.95% copper equivalent extends the known mineralisation at the project
🪨 Contained within a larger 274m mineralised zone grading 0.49% copper equivalent, with parts of the hole returning high-grade gold including 1m at 31 g/t
⚒️ Ongoing drilling campaign seeks to grow the current resource consisting of 14.5Mt at 1.09% copper equivalent, and to test other nearby targets
“These outstanding results further demonstrate the continuity of the high grade zone and support the clear upside potential of the Cannindah Mineral System...” – Tom Pickett, Cannindah Resources Managing Director
Australian fertility technology business Memphasys (ASX:MEM) has unveiled positive results from a key clinical trial on its Felix System which is designed to improve sperm selection for assisted reproduction. The outcome could pave the way for global commercial expansion.
🧬 Results from the trial indicate that the Felix System improves embryo utilisation rates and matches or outperforms industry benchmarks
⚡ The trail confirmed Felix to be faster at selecting high-quality sperm compared to traditional methods, whilst also being a preferred method of use by laboratory staff
🌏 Memphasys is now actively pursuing a path to global commercial expansion in Japan, China, and a host of other international markets
"With our existing distribution agreements in place and growing interest from strategic partners, Memphasys is now in a strong position to drive market expansion. The validation of our technology is expected to translate into accelerated sales, particularly in Japan, where Vitrolife has been conducting utilisation testing for over a year.” – Dr David Ali, Memphasys Chief Executive Officer
Digital human software developer Unith (ASX: UNT) has materially progressed a range of growth initiatives in its Digital Humans and Subscription divisions over the last few months, which help to enhance the sustainability of its business in the longer term.
🤖 Signed a one year initial agreement with significant global pharmaceutical enterprise client to deploy Unith’s range of Digital Humans in multiple languages
👩 Unith’s recently launched interFace self-service platform continues to penetrate target markets, including 11 new signings in February alone
🧠 Delivered several key security upgrades to its core platform to help its Digital Human product better compete for targeted enterprise business clients
🔁 The company’s Subscription division continued to grow with its subscriber base now surpassing 885,000 users
🗣️ Unith’s recent entry into new markets has significantly expanded its geographic footprint to 36 countries, helping to drive subscriber numbers and revenue
Kaiser Reef (ASX: KAU) has struck a $32 million deal to acquire the Henty gold mine in Tasmania from fellow mining company Catalyst Metals (ASX:CYL)
#finance #stocks #gold #mining #miners #ASXstocks #news
Mining company Hillgrove Resources (ASX: HGO) has delivered high-grade copper and gold intercepts from an ongoing drilling campaign at its Kanmantoo copper mine in South Australia, with new extensional drill results from the Nugent prospect pointing to a strong continuity of mineralisation.
🪨 Hillgrove is fast-tracking Nugent towards production with first ore expected to be processed in the December quarter this year
🟠 New hits include 21.4m at 1.79% copper and 0.65 g/t gold, with another hole returning 5.5m at 1.2% copper which marks the deepest intercept at Nugent so far
⚒️ Reinforces potential for resource growth with the mineralised footprint remaining open down plunge
“The recent drilling results further confirm the continuity and depth potential of the Nugent copper-gold mineralisation system. The results continue to be higher than the Resource grade at Nugent, which is of course one of the reasons why we are fast tracking production from Nugent.” – Bob Fulker, Hillgrove Chief Executive Officer and Managing Director
Australian clean energy business GreenHy2 (ASX:H2G) has entered a deal to provide its advanced energy storage solutions for European technology supplier H2Core. The agreement entails access to supercapacitor battery and low-pressure hydrogen technologies which could offer significant benefits over current lithium-ion and hydrogen technologies.
🔋 GreenHy2’s new supercapacitor batteries could deliver longer life, faster charge times, and improved safety compared to lithium-ion solutions
🌱 Low-pressure hydrogen storage is being implemented on GreenHy2’s Telstra contract, with the company expecting more than 50% cost savings
🏭 Manufacturing advances in graphene have made large-scale supercapacitor battery solutions commercially competitive
Panther Metals (ASX:PNT) is a mineral exploration business advancing its highly prospective portfolio of gold, nickel, and cobalt projects located across Tier 1 mining districts in Western Australia and the Northern Territory. Panther Metals Managing Director and CEO, Daniel Tuffin, joins Lel Smits from The Stock Network and highlights:
⚒️ Bonanza grade gold hits at the company`s Burtville East prospect in WA
⛏️ Exploration upside at the group`s tenure in the Laverton region
ASX announcement news
Stock & market analysis
Listing on stock exchanges
Panther Metals (ASX:PNT): Exploring for gold, nickel & cobalt across Tier 1 mining districts in WA
Larvotto Resources (ASX:LRV): Developing Australia’s largest antimony deposit
Globe Metals & Mining: Advances Kanyika Niobium Project by letter of intent with Affilips N.V.
Power Minerals (ASX:PNN): Diversified explorer advancing operations in Argentina, Brazil & Australia
Golden Deeps (ASX:GED): Secures Farm-in Agreement to Earn 80% of Copper and Gold Projects
Golden Deeps (ASX:GED): Otavi Mountain Land vanadium, copper, lead, zinc & silver deposits
Sabre Resources (ASX:SBR): Drilling to test new uranium targets at Dingo Project, Northern Territory
Golden Deeps (ASX:GED): Havilah Project initial drilling results from Lachlan Fold Belt
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Nimy Resources (ASX:NIM): Discovering high grade gallium, an emerging critical metal