Capital Metals (CMET), a mineral sands company approaching mine development stage at the high-grade Taprobane Minerals Project in Sri Lanka, announces its financial results for the financial year ended 31 March 2025.
CMET said “With an in-situ grade that is already one of the highest globally, massive upside potential with the ongoing drilling programme, and the outline of a pathway to fund the Project to profitability, we are feeling positive about the outlook for Sri Lanka’s most advanced mineral sands project. The Project’s exceptional grades, low environmental impact, and scalable development profile provide it with compelling advantages.
Comment: CMET continues to prove that it is indeed sitting on a world class asset, which has all the sizzle of a having a low capex, and easily funded project. The shares may be already up 76% so far this year, but have yet to catch up with the prospects for the company.
Georgina Energy (GEX) announced that, following its RNS dated 14th July, it has submitted a revised Environmental Management Plan (EMP) to support the formal approval of its Well Management Plan for drilling activity at Hussar EP513. GEX said “We appreciate our shareholders’ patience in this process as it has been impacted by matters beyond our control such as unforeseen amendments, including an increased resource area, and a once in 80-year flooding weather event.”
Comment: Given that GEX continues to get flack both online and offline, as well as the bumps in the road due to the operational side, today’s news is actually a show of tenacity in terms of the journey to get Hussar over the line.
Aptamer Group (APTA), the leading developer of next-generation synthetic binders delivering innovation to the life science industry, announced a contract extension, entailing a new work order, with a top 5 global pharmaceutical company. This paid-for extension involves the conversion of these binders into a fully functional ELISA assay. This progression demonstrates the efficacy of Aptamer’s Optimer® technology in meeting the partner’s requirements and advances the project into assay development.
Comment: Shares of APTA have already almost doubled over the past week, almost as if in anticipation of today’s news, as well as off the back of a growing appreciation of the company both in the market, and of course in the pharma space itself.
Galileo Resources (GLR) reported significant exploration progress at its’ 100% owned Ferber Property under the terms of a Royalty and Exploration Agreement with Bronco Creek Exploration Inc., a wholly-owned subsidiary of EMX Royalty Corporation. Mapping and rock sampling to date has extended the scale of the major intrusive and alteration complex indicating a large and strong hydrothermal system. GLR said “Nevada is a fertile environment for copper and gold and we have identified geological similarities at Ferber with other producing mines in the district. Our geological thinking drives us towards a porphyry intrusive/skarn model – benefitting from the knowledge and experience of BCE personnel who are executing our field programmes at an operational level.”
Comment: As we know from Guardian Metal (GMET), Nevada is one of the best and most prospective jurisdictions in the world, and it can be seen that GLR is on the front foot as far as its activities there are concerned. This should provide a decent boost to the GLR share price given its current position in the range.
Wishbone Gold (WSBN) announced that drilling at the Company’s Red Setter Gold Dome Project, located 15km South West of Greatland Gold Plc’s (AIM and ASX: GGP) Telfer gold mine in Western Australia, has drilled into the top of a significant breccia pipe with its first hole of this drill program. Zones of quartz-carbonate veining and sulphides of chalcopyrite and pyrite were observed from 520m, with increasing intensity towards ~570m. Variable intensity of brecciation has been observed over an interval of more than 130m from ~570m, to current depth of ~700m with drilling still continuing as of this release.
Comment: Everyone likes a good breccia pipe, and of course of late WSBN has been riding high in terms of being seen as a possible successor to the recent glories achieved at Greatland Gold.
Active Energy Group (AEG), an alternative energy company focused on the deployment of renewable infrastructure and the integration of advanced digital technologies, announced it is reviewing its shareholding in Alpha Prospects Ltd as part of a broader treasury strategy shift toward high-quality digital assets. AEG said “Over recent months, the Board has been conducting a comprehensive review of the Company’s treasury holdings to ensure they are optimally positioned to support its growth in renewable energy, technology adoption, and the emerging digital economy. As part of this process, the Company has rebalanced its cryptocurrency portfolio through selective acquisitions of Ethereum (“ETH”) and Solana (“SOL”), increasing exposure to high-potential blockchain assets.”
Comment: Another day, another company realising the wonders of a digital treasury strategy. The key here, a couple of months after the initial “gold rush” will be for companies to prove their foray into this area is as solid as possible.
Genflow Biosciences (GENF) the only publicly listed longevity company in Europe, provides an update on its Dog Aging (GF-1004) study, a proof-of-concept clinical trial evaluating the safety and efficacy of its proprietary SIRT6-centenarian gene therapy for age-related decline in elderly dogs. GENF said “Our shared goal is to extend the healthspan of dogs, and we believe this study will demonstrate the safety and potential efficacy of GF-1004 while opening the door to broader applications of our proprietary platform in age-related diseases in both companion animals and, ultimately, in humans.”
Comment: It may be a dog’s life, but we can see GENF inching towards making a breakthrough in this area, something which given that we are talking “man’s best friend” could be a money spinner in its own right.
Mendell Helium (AQSE:MDH) announced that M3 Helium Corporation has secured a new land lease and will shortly commence drilling a new well in a location that may be suitable for Bitcoin mining. The location of M3 Helium’s new Jasper well in Nebraska has, based on historic tests at nearby wells, a possible high BTU biogenic methane resource at shallow depths. MDH said “We indicated recently that M3 Helium’s Bitcoin mining plans had developed such that M3 Helium are looking at sites where known methane resources exist but the access to market is not available. This opportunity for the Jasper well in Nebraska is a culmination of that work.”
Comment: Although may companies appear to have a spurious or even half baked interest in combining digital assets with commodities, it does actually appear to be the case that MDH is onto something in its strategy.
Empire Metals (EEE), the AIM-quoted and OTCQB-traded exploration and development company, is pleased to report outstanding assay results from its latest drilling campaign at the Pitfield Project in Western Australia. This programme, focused on the in-situ weathered cap at the Thomas Prospect, has delivered some of the highest titanium dioxide (‘TiO₂’) grades recorded to date and will underpin the Company’s maiden JORC-compliant Mineral Resource Estimate. Selected exceptional intercepts (>6% TiO2).
Comment: The run up to a JORC resort feels like it has been a long time coming. That said, the longer it takes, the more Pitfield seems to get proved up, and the more the share price rally extends.
MicroSalt (SALT), a leading manufacturer of full-flavour natural salt with approximately 50% less sodium, announced continuing advancement of its B2B bulk business during the six months ended 30 June 2025. Furthermore, it has recently received increased North America volume projections from whom the Company describes as Customer 3, one of the world’s largest food, soft drink and snack manufacturers. The volume projections for this product (in North America only) indicate commencing rollout in Q2 2026 and resultant sales exceeding $5m in 2026 and expanding to $11m in 2027.
Comment: While cynics may suggest that SALT is something of a jam tomorrow company, it does indeed appear that there are going to be decent amounts of jam, especially in the wake of today’s announcement.
Hydrogen Utopia International (HUI), a company specialising in converting non-recyclable mixed waste materials into low-carbon hydrogen, expressed its deep concern over the recent failure of the United Nations negotiations in Geneva. HUI said “By situating our systems alongside cement and steel plants, HUI aims to convert up to 250,000 tonnes of mixed waste plastic per SPV annually. With government support, this scale could underpin 30-year offtake agreements at as low as the threshold required to make hydrogen a commercially viable alternative to natural gas. HUI has already held promising early discussions with potential offtakers in the GCC countries, where only a non-binding Letter of Intent (LOI) is required to advance negotiations with funders who are excited about the IRRs we expect to deliver.”
Comment: HUI is currently in a rather better place than the market has appreciated, given the way it has licensed the commercialised technology, and that its chosen GCC location is hungry for the chance to turn waste into hydrogen, unlike the virtue signallers in the West. With a decent $1m management free, and chunky percentages of the SPV’s for each project, HUI can look forward to a decent roll out of its business strategy.
Helix Exploration (HEX), the helium exploration and development company with near-term production assets within the ‘Montana Helium Fairway’, provided an update on flow testing scheduled for Inez #1 at the Rudyard field. Mobilisation of work-over rig and testing equipment to commence on Monday 18 August 2025. Testing will commence with perforation at Inez #1 well on Tuesday 19 August 2025.
Comment: It would appear that the market is well engaged with progress being made by HEX, something which the slow creep higher for the share price fully underlines.
Pulsar Helium Inc. (PLSR), a leading helium project development company, reported major natural flow test results at the Jetstream #1 appraisal well, part of the Topaz helium project in Minnesota, USA. These latest results mark a major leap in well performance, with natural flow rates more than tripling those recorded in 2024.
Comment: Shares of PLSR have flatlined in recent months, but it could very well be the case that the latest news catches the eyes of investors who have taken their eyes off the ball as far as progress at this company. The tripling of natural flow rates versus last year certainly catches the eye.
Great Southern Copper (GSCU), the company focused on copper-gold-silver exploration in Chile, is pleased to announce final drilling results from the Phase II programme at Cerro Negro including first drill results from Lens 1, located approximately 150 metres north of Lens 2 at Mostaza. Final Phase II drill assay results confirm continuity of high-grade Cu-Ag mineralisation at Mostaza.
Comment: GSCU continues to do what we expect it to do, just pump out those high grades. The only missing ingredient is a resumption of the rally in the shares that we were treated to at the beginning of this year.
Pantheon Resources (PANR) the oil and gas company developing the Kodiak and Ahpun oil fields near pipeline and transportation infrastructure on Alaska’s North Slope, today announces results from the Dubhe-1 appraisal well. PANR said “We are delighted to announce the Dubhe-1 pilot hole results as a success. The well confirms the presence and quality of the oil and gas reservoirs in the Ahpun field, exceeding our pre-drill expectations. We are now transitioning toward field development planning in support of capital efficient commercial production. The upside presented by the SMD-C and Slope Fan zones highlights the enormous potential in our portfolio.”
Comment: It was quite a relief today that PANR did not deliver any nasties as far as drilling results have been concerned. That said, the recent stirrings as far as the share price in recent sessions did suggest that the market was expecting something positive.
ECR Minerals (ECR), the exploration and development company focussed on gold in Australia, provides an update on its ongoing exploration activities at the Blue Mountain gold project in Queensland, Australia. ECR said “With a further prospective 6km of strike downstream along South Kariboe Creek, the Blue Mountain Project continues to represent one of the most exciting opportunities within our portfolio.”
Comment: It is imperative that ECR makes the most of Blue Mountain, something which leaves the shares a decent chance of establishing a sustained move off recent support in the 0.2p zone. This is especially the case given the relatively moot reaction to its digital asset strategy foray.
Cadence Minerals (KDNC) announced the results of a review into the mining costs of the Amapá Iron Ore Project in northern Brazil. The updated mining costs have materially reduced the overall Free on Board and Cost and Freight costs compared to those announced previously. 36.7% Mining Cost Reduction: Mining costs reduced from US$17.65/DMT to US$11.17/DMT following re-quotation from one of Brazil’s largest mining contractors.
Comment: There have been positive stirrings in the share price of KDNC of late, something which has been underlined and enhanced by today’s fresh cost reduction at Amapa, a key element in making the project all the more attractive.
Altona Rare Earths (REE), a resource exploration and development company focused on critical raw materials in Africa, provided an update on strategic engagement with the United States government and on operational activities towards the development of the Monte Muambe fluorspar mine and the assessment of the gallium occurrences. REE said “The US Government has re-engaged with the Company concerning possible funding support for the Monte Muambe rare earths prefeasibility study. A project proposal has been submitted to the US Trade and Development Agency.”
Comment: REE has been described here as recently as last week as being one of the Holy Trinity of London small cap rare earths plays which also includes Harena (HREE) and Cobra (COBR). Today’s announcement underlines the reality of such a perception.
Lexington Gold (LEX), the gold exploration and development company with projects in South Africa and the USA, provides the following update in respect of anticipated timings for receipt of the Jelani Resources JV’s conceptual study and assay results for the Jennings-Pioneer project. LEX said “Core cutting and sampling commenced immediately following the programme’s completion. Based on the updated laboratory schedule, assay results are now expected to be received by early September 2025.”
Comment: LEX seems to have missed the party, at least in share price terms regarding the boom in the gold price and the strength in the sector. It is to be hoped that today’s announcement may go some way to changing this state of affairs.
Cizzle Biotechnology (CIZ), the UK based diagnostics developer of early cancer tests, is pleased to announce that following progress with its pathfinder laboratory, the Company’s North American licencing partner Cizzle Bio Inc has now entered into an agreement with a full scale commercial multi-site clinical diagnostics laboratory group to make the Company’s CIZ1B biomarker test available throughout the USA in the near future.
Comment: Alas, shares of CIZ have been bumping along the bottom in the recent past, as if those watching the company still doubt it has the ability to make a big commercial breakthrough. Today’s announcement may go some way to changing this perception.
Thor Explorations (THX) a West African-focussed minerals exploration and mining Company, that is currently producing gold from its wholly owned Segilola Gold Mine in Nigeria and is advancing its exploration properties in Senegal and Côte d’Ivoire, including the Douta Gold Project in Senegal which is being advanced towards development announced a news update. THX said it was “pleased to announce further positive results from an advanced diamond drilling program at the Segilola Gold Mine, which is targeting potential mineralisation beneath the current open pit with the objective of extending the Segilola mine life.”
Comment: THX seems very keen on extending the mine life at Segilola, although it has to be said that currently the company appears to be more concerned in this respect than the market which continues to gush over the strong performance of the company.
Disclaimer & Declaration of Interest:
The information, investment views, and recommendations in this Zaks Traders Cafe interview are provided for general information purposes only. Nothing in this interview should be construed as a promotion or solicitation to buy or sell any financial product relating to any companies under discussion or referred to or to engage in or refrain from doing so or engage in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the commentator but no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion.
