Investors are likely to keep an eye on the following small-cap stocks listed on the Australian Securities Exchange.
Latitude 66 (ASX:LAT)
The gold explorer and developer engaged Como Engineers to conduct a scoping study on its KSB project in Finland to define a project based on the existing JORC mineral resource and consider potential scale-up expansion based on exploration success. Meanwhile, diamond drilling at K9 and K1NE prospects yielded high-grade gold-cobalt mineralization.
Warriedar Resources (ASX:WA8)
Warriedar Resources said initial metallurgical testing of primary antimony core samples from the Ricciardo deposit within the Golden Range project in Western Australia yielded a high antimony recovery of 83%, with a saleable concentrate grade of 38.5%. Work is underway to optimize antimony recovery and concentrate grade.
EDU (ASX:EDU)
The tertiary education group said that the Education Services for Overseas Students Amendment (Quality and Integrity) Bill of 2024, which includes a cap on international student enrolments in Australia, was not voted on in the Senate's final sitting and will not be introduced with effect from January 2025.
Aruma Resources (ASX:AAJ)
Aruma Resources found chargeability high anomalies at the Piper prospect, potentially indicating sulfide mineralization, at its Fiery Creek project in Queensland through an induced polarization geophysical survey.
Gratifii (ASX:GTI)
The technology company signed a five-year contract with telecommunications studio Fastter to offer a branded business-to-business telco product called Member's Mobile to its 85 clients and 20 million end-user customers.
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