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Why is the Fenix Resources (ASX:FEX) share price crashing 27% today?
fool.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com.au Daily Mail and Mail on Sunday newspapers.
Fenix Resources Ltd makes strong progress on Iron Ridge Project with maiden dividend for FY21
proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.
Proactive Investors China - The web s leading portal for China stocks - Fenix Resources locks in pricing for 45% of planned iron ore production in swap arrangements
proactiveinvestors.com.hk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.hk Daily Mail and Mail on Sunday newspapers.
Resources Top 5: New discoveries and imminent gold drilling results
Mining
share
Gold explorer Megado has assays pending
A drilling program at Scorpion–Fenix’ Pharos Iron Ore JV will be accelerated
Here are the biggest small cap resources winners in morning trade, Wednesday July 21.
Investors agreed, sending the $38m market cap explorer up ~40% in early trade.
New drilling results from 11 diamond drill holes at the Dikaki Prospect – one of 18 at Kroussou confirmed shallow high-grade zinc and lead mineralisation within 40m of surface.
Highlight hits include 13.5m @ 5.3% Zn+Pb from 12.8m.
“The results support the potential for a large-scale shallow, flat-lying, broadly mineralised system with possible continuity across multiple zones which could allow simple open pit mining extraction,” the company says.