Investors are likely to keep an eye on the following small-cap stocks listed on the Australian Securities Exchange.
S2 Resources (ASX:S2R)
S2 Resources confirmed the presence of prominent multi-element hotspots during follow-up sampling in two of four soil anomalies at the West Murchison project in Western Australia. Meanwhile, an initial gravity survey at the Warraweena project in New South Wales identified three distinct geophysical targets in an unexplored area beneath cover.
ECS Botanics (ASX:ECS)
The medicinal cannabis cultivator and manufacturer secured an increase to its corporate loan facility with the National Australia Bank (ASX:NAB) to AU$3.2 million from AU$2 million. Also, the company is set to launch its first product using the VESIsorb delivery system, which will improve onset, absorption, and efficiency in cannabis-based products.
Great Boulder Resources (ASX:GBR)
Great Boulder Resources agreed to sell its 100% interest in the Whiteheads project in Western Australia to Great Western Gold.
West Cobar Metals (ASX:WC1)
West Cobar Metals confirmed a large interval of antimony-copper mineralization and identified four new priority diamond drill hole targets at the Bulla Park project in New South Wales. Meanwhile, drill planning is underway for four iron oxide copper-gold targets at the Fraser Range exploration in Western Australia.
Auric Mining (ASX:AWJ)
Auric Mining started processing ore from Jeffreys Find gold mine at its Three Mile Hill plant in Western Australia with its joint venture partner BML Ventures of Kalgoorlie, expecting a minimum of 40,000 tonnes to be milled in the first campaign.
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