Stocks of the Hour: Strategic Energy Resources, RareX, Kalgoorlie Gold Mining

Informed Investor05-23


To register for Friday's webinar click here.

Strategic Energy Resources (ASX:SER) has received firm commitments from institutional and sophisticated investors to raise gross proceeds of $2,000,000. The funds help to explore the Achilles 1 Polymetallic Prospect in the South Cobar Basin. Shares are trading 54.17 per cent higher at 1.85 cents.

RareX (ASX:REE) acquires district-scale niobium project in the East Yilgarn, WA. The historical drilling shows elevated niobium assays across an extensive, newly-discovered system. Shares are trading 31.03 per cent higher at 1.9 cents.

Kalgoorlie Gold Mining (ASX:KAL) announced an extensive, thick gold mineralisation and anomalism has been discovered at KalGold’s Wessex target at Pinjin following the first pass aircore drill program. The new intercepts are 28 m at 1.27 grams per tonne of gold from 36m. Shares are trading 40.74 per cent higher at 3.8 cents.
 
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment