Page 598 - Small Caps News Today

Lotus Resources sells non-core Australian asset for $2.5 million to strengthen focus on uranium project Since acquiring the Kayelekera Uranium Project in 2019, the Hylea Project has become non-core to the company’s long-term strategy. The transaction is anticipated to close following ministerial approval for the transfer of the exploration licences for the Hylea Project. Lotus Resources Ltd (ASX:LOT) has reached an agreement to divest its Hylea Cobalt Project in central New South ...

SenSen Networks sets targets to increase customer base and associated revenues after busy first half During the period, the company listed on the US OTC markets, completed its first-ever acquisition and welcomed high-conviction global equities fund manager VGI Partners Asian as shareholder. It plans to add adjacent market verticals like smart buildings, retail stores, shopping centres, airports and other facilities SenSen Networks Ltd (ASX:SNS) (OCTMKTS:SNNSF) has set itself near,...

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Kinetiko Energy gears up for near-term production with successful production flow test at South African well Results from gas well flow tests at Well KA-03PTR of the Amersfoort Project confirm the ability of the well to immediately be taken into production. The Well KA-03PTR flow test at Amersfoort was completed after the well workover program. Kinetiko Energy Ltd (ASK:KKO) is higher after completing another step on the fast track towards commercial production at Amersfoort gas-to-...

Bastion Minerals talks plans for upcoming drill program at flagship Capote gold project Bastion Minerals Ltds (ASX:BMO) Ross Landles speaks to Proactives Andrew Scott soon after releasing first assays from a rock chip sample campaign at its flagship Capote gold project in Northern Chile which he says has confirmed widespread surface gold mineralisation. The campaign, which was designed to obtain high-density surface rock chip data along strike of historical mining areas, returned numerous high...

2021-04-20 by Proactive Australia Alicanto Minerals Ltd (ASX:AQI) has returned shallow, high-grade assay results from the first drill holes at its Greater Falun Copper-Gold-Silver Project in Sweden. AQI shares jumped 10% to 11.5 cents in early Tuesday trading on assays of up to 3.7% copper and 2.3 g/t gold, which are consistent with Alicantos geological model and highlight the potential for an extensive mineralised system. The results come from Alicantos now-completed 4,000-metre drilling camp...

Eclipse Metals defines high-grade copper-silver and broad zinc mineralisation at Rock Hill Copper Prospect Historical drilling results demonstrate the presence of wide copper-zinc-silver mineralisation within the Mt Hardy and Yuendumu areas of the Arunta Complex. Future exploration will include airborne EM surveys followed up by RC drilling. Eclipse Metals Ltd’s (ASX:EPM) historical diamond drilling review has delineated high-grade copper-silver mineralisation and anomalous zinc ...

Moho Resources encouraged by maiden RC drill results at Crossroads gold prospect Moho Resources Ltds (ASX:MOH) Ralph Winter talks Proactive through results from maiden RC drilling at the Crossroads gold prospect of the Burracoppin Project that show extensive gold mineralisation. Best assays include 1-metre at 7.48 g/t gold from 92 metres in bedrock and 8 metres at 0.47 g/t from 51 metres in supergene. He says diamond drilling planned for early May will provide key information on structural, li...

Zelira Therapeutics well positioned for multiple product launches in 2021 Zelira Therapeutics Ltds (ASX:ZLD) (OTCQB:ZLDAF) (FRA:G1G) Harry Karelis and Dr Oludare Odumosu speak to Proactives Andrew Scott soon after announcing record product sales and licensing revenues of A$225,000 during the March quarter - up 249% on the prior six months. They say the revenue growth demonstrates the start of the company’s commercialisation ramp-up, with growth driven largely by the successful December 2020 l...

"Remote-in" capability was included to assist those working from home during the pandemic IQ-AI Limited (LON:IQAI) the brain tumour imaging specialist,  said sales momentum had started to pick up again after coronavirus disruption during the second half of 2020. In a statement alongside results for the year to end-December, IQ-AI said that while the direct impact to operating subsidiaries, Imaging Biometrics (IB) and Stone Checker Software (SC), was negligible, hospitals and healthcare provide...