Stocks of the Hour: Flynn Gold, Metalicity, Argosy Minerals
A snapshot of the stocks on the move, featuring Flynn Gold, Metalicity and Argosy Minerals.
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Metalicity is a return driven resource developer, driven by return on capital. Metalicity are focused on delivering value to shareholders through the development of high-quality mineral assets, specifically gold oriented, in Western Australia.
Metalicity Limited (ASX:MCT) aspires to Zero Harm to our employees, the community and the environment through promoting and maintaining a safe and healthy working environment and striving to achieve leading industry practice.
A snapshot of the stocks on the move, featuring Flynn Gold, Metalicity and Argosy Minerals.
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A snapshot of the stocks on the move, featuring Immutep (ASX:IMM; NASDAQ:IMMP), Metalicity (ASX:MCT) and GWR Group (ASX:GWR).
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MCT has provided an exploration update with respect to the June 2020 Phase One drilling program at its Kookynie Gold Project in the Western Australia’s Goldfields region. MCT’s share price closed up by 107% - or $0.014 – to $0.029 in Thursday’s trade.
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MCT has been busy at Kookynie since it became involved during late 2019, so far conducting two drilling programs that have delivered solid results – including significant intersections from each of the historically-mined prospects, with the potential for elevated grades.
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Metalicity (ASX: MCT, Share Price: $0.05, Market Cap: $22m) offers exposure to zinc, lithium and cobalt. It maintains the large and advanced Admiral Bay zinc project in Western Australia, along with its more recent acquisition of prospective lithium-tantalum tenements in Western Australia’s Pilbara region, host to some of the world’s largest hard-rock lithium and tantalum projects.
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Metalicity (ASX: MCT, Share Price: $0.07, Market Cap: $32m) has a dual focus on both zinc and lithium. It has exposure to the large and advanced Admiral Bay zinc project in Western Australia, along with its more recent acquisition of prospective lithium-tantalum tenements in Western Australia’s Pilbara region, host to some of the world’s largest hard-rock lithium and tantalum projects.
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Metalicity (ASX: MCT, Share Price: $0.066, Market Cap: $25m) is effectively a brand-new zinc/lithium play, following the acquisition of the large and advanced Admiral Bay zinc project in Western Australia during late 2014. The company has also acquired prospective lithium-tantalum tenements in Western Australia’s Pilbara region, host to some of the world’s largest hard-rock lithium and tantalum projects.
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Metalicity (ASX: MCT, Share Price: $0.064, Market Cap: $22m) is effectively a brand-new zinc/lithium play, following the acquisition of the large and advanced Admiral Bay zinc project in Western Australia in late 2014. The company has also since acquired prospective lithium-tantalum tenements in Western Australia’s Pilbara region, host to some of the world’s largest hard-rock lithium and tantalum projects.
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Metalicity (ASX: MCT, Share Price: $0.024, Market Cap: $9m) is effectively a brand new zinc play, after altering its business activity from health care to mineral exploration and acquiring the advanced Admiral Bay zinc project in Western Australia. The acquisition was announced in late 2014, however the company had to comply with Chapters 1 and 2 of the ASX Listing Rules, which means it has only just re-listed.
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