Page 543 - Small Caps News Today

Astro Resources updates heavy mineral resource estimate at Governor Broome Project in Western Australia The new estimates are for three areas - Governor Broome West, East and South - which are within R70/53 held by Governor Broome Sands Pty Ltd, a wholly-owned subsidiary of Astro. The estimates are based on results from Astro drilling in 2020 and 2012 along with drilling by Metal Sands from 2005 to 2007. Astro Resources NL (ASX:ARO) has updated the resources at the Governor Broome ...

Sensyne Health signs second US research agreement All data supplied to Sensyne for research will be anonymised by CCPM and will remain in the US. The provision of the data will operate under an agreed set of data processing procedures Sensyne Health PLC (LON:SENS) has signed a strategic research agreement with the Colorado Center for Personalized Medicine (CCPM). It is the second strategic research agreement in the US signed by Sensyne, which uses artificial intelligence (AI) technology to et...

Soil sampling and a ground-based gravity survey are underway Oracle Power PLC (LON:ORCP) has been awarded an exploration tenement for licence E53/2140, which contains the Jundee East gold project, located in the Eastern Goldfields region of Western Australia. The project represents a previously unrecognised significant greenstone belt proximal to Northern Stars Jundee Gold Mine, host to previous production and resource of over 7Mln oz gold Soil sampling and a ground-based gravity survey are un...

The market is expecting a prolonged period of strong prices as demand is outstripping supply Asiamet Resources Ltd (LON:ARS) said it is well placed to benefit from a surge in demand for copper. The miner said it is now forecast that copper supply will not meet demand in the foreseeable future, with most market analysts suggesting that the gap between supply and demand is widening and are expecting a prolonged period of strong prices. Many of the major economies are planning large infrastructure...

Ansila Energy changes name to Hartshead Resources following shareholder approval The company has been transformed into a new UK North Sea gas development company with material contingent resources and a highly experienced operational management team. The effective date for the change of company name and ticker code on ASX will be from the commencement of trading on Thursday, May 27. Ansila Energy NL (ASX:ANA) (FRA:P6V) has officially changed its name to Hartshead Resources NL wit...

Westmount Energy welcomes Hess Corps increased stake in Kaieteur Block "We believe this farm-in transaction reflects confidence in the prospective resource potential of the Kaieteur Block and augurs well for the continuing exploration of the area," said Westmount executive chairman Gerard Walsh Westmount Energy Ltd (LON:WTE) noted that Hess Corporation has increased its interest in the Kaieteur Block, offshore Guyana, to 20% from 15%. Hess has acquired its additional working interest (WI) fro...

Vuzix wins $1.2M-plus in new orders from Rods & Cones for monthly deliveries of Vuzix M400 Smart Glasses The Rods & Cones platform and the smart glasses phase-detect autofocus camera will let frontline workers in the operating room, ICU, or other medical facilities provide 4K broadcast-quality imagery to others while interacting with patients and staff Vuzix noted that this combined solution will allow remote platform users to attend significantly more supported surgeries in a sing...

Crude prices lose ground as IEA says fossil fuels will have to go in long term The International Energy Agency suggested it was time to stop investing in hydrocarbons and positive outcomes on Iran sanctions were announced In Friday trading, Brent crude lost ground, having topped US$70 a barrel mid-week and finished the week close to US$66 with WTI below US$63 a barrel There was good news and not so good news on the market this week and the oil price reacted accordingly. The Intern...

Roth Capital ups target price for Silvercorp Metals to $9.00, reiterates Buy rating following recent Q4 results The Roth analysts said they believe Silvercorp remains undervalued compared to its peer group and that there is significant upside for the companys equity investments, which could provide external catalysts for the company. The Roth analysts estimate that Silvercorp will report production of 6.6 million ounces of silver, 27.4 million pounds of zinc, 67.6 million pounds...

Multiple sulphide zones were intersected over 250 metres in the two holes in the drilling program, with disseminated copper sulphides observed,...