Morning Feed: What’s cooking on the ASX?

Detailed summary

Early sharemarket movers, announcements and company news – a quick hit of market action and updates from selected ASX-listed companies. ... Read More The post Morning Feed: What’s…

Sink your teeth into some ASX news bites, hot off the press. Pic: Getty Images

Morning Feed plates up early sharemarket movers, announcements and company news, serving investors a quick hit of market action and updates from selected ASX-listed companies.

Arika Resources (ASX:ARI) has started Phase 2 diamond drilling at its Pennyweight Point gold-copper prospect in Western Australia, with up to 11 holes for 3,000m planned.

Buxton Resources (ASX:BUX) has kicked off maiden diamond drilling at its Wolverine copper-molybdenum porphyry project in Arizona, with three holes for about 1,650m planned and first assays due early 2027.

Core Energy Minerals (ASX:CR3) has begun drilling at the Barking Gecko uranium prospect in Namibia, the first target in the Nova joint venture, with 12 holes for about 2,650m planned.

Felix Gold (ASX:FXG) has lodged its mine permit application for the NW Array antimony-gold prospect in Alaska and reported step-out drilling results, including 21.34m at 1.32g/t gold.

Flagship Minerals (ASX:FLG) has secured an option to acquire 100% of the ~265km2 Fortuna Valle copper-gold project in Chile’s Coquimbo region, with the first US$100,000 payment already made.

PolarX (ASX:PXX) has raised $1.45 million via a placement at 1.5 cents per share, with most proceeds earmarked for working capital and the rest for Humboldt Range metallurgical test work and exploration studies.

White Cliff Minerals (ASX:WCN) has extended visual copper sulphides at its Danvers 1 discovery in Nunavut to 521m downhole, while infill holes also point to continuity between Danvers 2 and 3.

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