ASX Small-Cap Stocks to Watch
Investors are likely to keep an eye on the following small-cap stocks listed on the Australian Securities Exchange.
Miramar Resources (ASX:M2R)
Miramar Resources completed the maiden reverse circulation drilling campaign at its Bangemall projects in Western Australia, testing multiple targets at Mount Vernon and Trouble Bore. The campaign was co-funded by the Western Australian government's Exploration Incentive Scheme.
Zinc of Ireland (ASX:ZMI)
Zinc of Ireland's entitlement offer, part of its capital raising for about AU$2.22 million, opens on Tuesday and closes on Sept. 19. Proceeds will be used to advance exploration activities on the company's zinc projects in Ireland, Canada, and Western Australia.
Aruma Resources (ASX:AAJ)
Aruma Resources obtained high-grade copper assay results from its initial surface sampling program at the Fiery Creek copper project in Queensland. Results come from the Piper prospect, revealing high-grade copper and silver results.
Stavely Minerals (ASX:SVY)
Stavely Minerals completed the air-core drilling program at the Junction copper prospect within its Stavely project in Victoria. The drilling confirmed the geometry of high-grade copper mineralization with several mineralized intercepts.
Metals Australia (ASX:MLS)
Metals Australia started drilling for the first of three key exploration projects in Australia, which are prospective for gold and critical minerals. The air-core drilling program is taking place across the Warrambie project in Western Australia.
Voltaic Strategic Resources (ASX:VSR)
Voltaic Strategic Resources is set to begin a surface reconnaissance program at the Paddy's Well project in Western Australia, targeting 16 carbonatite targets. The follow-up exploration aims to advance identified targets to drill-ready status.
Firetail Resources (ASX:FTL)
Firetail Resources completed a review of previous drill programs ahead of its drilling at the York Harbour project in Canada. Site works are underway to recondition access tracks and establish drill positions, with additional permitting granted for a more extensive drilling program.
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