Bulls N' Bears Big Hits looks at notable drilling intercepts recently reported to the ASX by Caprice Resources, Stavely Minerals and Patriot Battery Metals. Caprice's Island gold project south of Cue in WA's Mid West region revealed an 11-metre hit assaying 17.3g/t gold, including 9m at 21g/t gold from 170m. Other interesting drill hits were reported at Stavely's Fairview prospects in Victoria and Patriot made a big caesium discovery in Quebec, Canada.
Junior explorers such as E79 Gold Mines, Caprice Resources and Thunderbird Resources have seen a significant spike in their share price when betting on a nearology play near a recent or historical discovery. E79's share price surged from its February 6 close of 1.9c to hit a high of 5.4c on February 19 in the two weeks after a neighbour announced a greenfields gold discovery.
Rare earths-focused Caprice Resources has announced it will exercise its option agreement to secure a 90 per cent stake in the West Arunta region-based Bantam project.
This week's Bulls N' Bears Runner of the Week is … Iceni Gold. Its “WA Budget week” share price leapt more than 307 per cent after the discovery of more gold-bearing veins at its Christmas Gift target. The company joins fellow movers and shakers Alliance Nickel, OZZ Resources and Caprice Resources on this week's coveted list.
Shares in West Perth-based Caprice Resources rose by 50 per cent on Thursday afternoon, following news that the company plans to acquire a 90 per cent stake in the Bantam project, located in the West Arunta region of Western Australia.
Our board moves wrap includes Andrew Muir, Philip Re, Stephen Carter, Paul Rennie, James Brown, Colin Noid, Joan Dabon, Loren King, Michael Higginson, and Jonathan Lea.
Our board moves wrap includes Philip Crutchfield, Andrew Muir, Chris Oorschot, Scott Patrizi, Bruce Nicholson, Andrew Wackett, Sameer Oundhakar, Timothy Keating, and Krista Bates.
Caprice Resources is adding gold to its portfolio of projects after announcing plans to buy private company Goldview Metals, which owns the high-grade Island project in Western Australia.
