Resources Top 5: Uranium hunters glow; Nickel explorer Armada hauls in $1.2 million

It’s been an energetic day so far for small uranium explorers, with 1AE, EL8 and CXU firing

Armada Metals also had the spinnaker up early, on the back of a $1.2m capital-raising tailwind

Here are the biggest small cap resources winners in early trade, Monday September 25. Aurora Energy Metals (ASX:1AE)

(Up on no news, except: ‘uranium’ ) This uranium and potential lithium explorer had nothing fresh to report to shareholders and the ASX this morning, but it seems to be well up, along with a few other competitors, on the growing uranium narrative.With a current market cap of nearly $24m, Aurora is focused on the exploration and development of its namesake project in Oregon, USA, which hosts a defined uranium resource of 107.3Mt at 214ppm U3O8 for 50.6Mlbs U3O8 – and is also prospective for lithium.A scoping level metallurgical testwork program is currently underway using samples from […]

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