Investors are likely to keep an eye on the following small-cap stocks listed on the Australian Securities Exchange.
Koonenberry Gold (ASX:KNB)
Koonenberry Gold identified a four-kilometer gold trend at the Prince of Wales Project in New South Wales. Initial field activities revealed two gold trends with cumulative over five-kilometer untested strike potential.
Bayan Mining and Minerals (ASX:BMM)
Bayan Mining and Minerals conducted a multispectral analysis using Sentinel visible/near-infrared and shortwave infrared, identifying numerous potential exploration targets at its Bayan Springs projects in Nevada.
Solstice Minerals (ASX:SLS)
Solstice Minerals discovered "significant" shallow gold intercepts from a limited 19-hole reverse circulation exploration drilling at the Bluetooth gold prospect within the Yarri project in Western Australia during the December quarter. The company posted a cash balance of AU$15.2 million at the end of the quarter.
Latitude 66 (ASX:LAT)
Latitude 66 said the KSB project scoping study is progressing well, with Australian and Finnish consulting groups working on all major components. The study is on track for completion in the first quarter of the year, with key work programs including metallurgy, mine design, and scheduling completed.
Great Boulder Resources (ASX:GBR)
Great Boulder Resources renegotiated its heads of agreement with Castle Minerals (ASX:CDT) to jointly explore the Polelle and Wanganui projects in Western Australia. This allows for an additional 12 months to test both areas before deciding to acquire a 75% joint venture interest.
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