RNS Hotlist with Zak Mir: FRG, TYM, RMM, GLR, STK, CGNR, QBIT, SHG & NCCL via Vox Markets

Firering Strategic Minerals (FRG), an exploration company focusing on critical minerals, announced the commencement of its large-scale Phase II Soil Sampling Programme at its flagship Atex Lithium-Tantalum Project, in Côte d’Ivoire.

Author @ZaksTradersCafe

The Phase II Programme is being undertaken in conjunction with Ricca Resources Limited following its $18.6 million investment to advance Atex to Definitive Feasibility Study announced on 2 November 2022. The company said that after the successful completion of its Phase I diamond drilling programme and partnering with Ricca for the next phase of exploration, it was announcing that Phase II of its planned soil sampling programme started on 9 January 2023. A total of 993 soil samples, approximately 40% of a planned total of 2,491 samples, were completed with 673 prepared for analysis with pXRF and LIBS.

Tertiary Minerals (TYM) advised that laboratory check analytical results on soil samples from the Jacks Copper Project in Zambia have confirmed and enhanced the provisional results previously reported based on portable XRF analyses taken in the field. The company said these check analyses, and the scandium results in particular, have materially enhanced the previously reported results and confirm the prospectivity of the priority copper soil anomalies outlined to date at the Jacks Project.

Rambler Metals and Mining (RMM), a copper and gold producer, explorer, and developer, is announced its reconciled operational results for Q4 2022, with the exception of gold values which are awaiting final assay results. The company said it remains in conversations with several groups as it seeks to restructure the finances of the Company. Central to this process is Newgen as its principal secured creditor. However, there can be no certainty at this stage that Newgen will agree to defer or reschedule the repayment of its loan. It will update the market on the outcome of its financing discussions in due course.

Galileo Resources (GLR) provided an update on the diamond drilling programme carried out on its Option and Joint Venture project covering the Shinganda Copper-Gold (Cu-Au) Project, Zambia where the company has the right to earn an initial 51% interest. Full assay results have been received for all nine holes completed at its Shinganda drilling programme. The company said the Shinganda prospect is demonstrating significant potential as a copper-gold exploration project, with very encouraging intersection widths from drilling to date.

Streaks Gaming (STK), a gaming platform targeting customers in the emerging US sports betting market, announced its year-over-year user growth statistics. The company said it has seen a significant increase in key metrics, of the order of 300% plus in areas including registrations, unique players, contest entries, and entrants’ predictions. The company said it was thrilled with the progress in its key metrics. This can be attributed to the focus on delivering high-quality, engaging gaming experiences.

Conroy Gold and Natural Resources (CGNR) announced that assay results from three further drill holes from its step-out drilling programme at the Clontibret gold deposit have demonstrated an extension of the deposit for over 375 metres to the northeast. The drilling programme was carried out in conjunction with the company’s joint venture partner, Demir Export A.

Quantum Exponential Group (QBIT), a company focused on investing in quantum technology, announce its unaudited interim results for the six months ending 31 October 2022. The company said it has made excellent progress in the last six months, cementing its status as the leading UK expert and pure play quantum technology fund whilst also adding two new investee companies to its growing portfolio, Universal Quantum and QLM Technology.

Shanta Gold (SHG), the East Africa-focused gold producer, developer and explorer announces its production and operational results for the quarter and year ended 31 December 2022. The company said it was pleased to report that it enjoyed a strong end to the year at all of our assets across the portfolio, with several positive signs pointing to what it hopes will be an exciting 2023.

Ncondezi Energy (NCCL) announced Scott Fletcher, Non-Executive Director, purchased an aggregate of 2,750,000 shares. He now has 22.09 per cent. of the company’s issued share capital.

Author @ZaksTradersCafe

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