Resources Top 5: Takeover bids, more uranium, and explorer goes parabolic on nickel discovery

Resources Top 5: Takeover bids, more uranium, and explorer goes parabolic on nickel discovery

Pic: X-Men: Apocalypse (2016) share

Metal Hawk +250% after revealing a Kambalda style nickel discovery in maiden drilling

Battery metals-uranium explorer A-Cap now +170% over past month

Metalicity makes off-market, all share takeover bid for JV partner Nex Metals Here are the biggest small cap resources winners in early trade, Tuesday September 14. Metal Hawk gained +250% in early trade after uncovering a Kambalda style nickel discovery in maiden drilling at the ‘Berehaven’ project near Kalgoorlie.The explorer, which only listed November last year, hit 2m of massive (best stuff) and semi-massive (second best stuff) nickel sulphides from 144m to 146m at the ‘Commodore’ prospect.Assays are due in about 3-4 weeks.Upside abounds, because this area has never been drilled for nickel before, the company says. This is partially because of a thick layer of iron-rich laterite which has made surface EM surveys – a useful tool for […]

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