Investors are likely to keep an eye on the following small-cap stocks listed on the Australian Securities Exchange.
DY6 Metals (ASX:DY6)
DY6 Metals discovered high-grade gallium mineralization at the Tundulu rare earth and phosphate project in Malawi, following a review of historical drilling and trenching.
SRJ Technologies Group (ASX:SRJ)
SRJ Technologies Group secured an extension to its contract with SBM Offshore, receiving a purchase order worth 160,000 pounds sterling for consulting services to develop an asset integrity system for new and existing floating production storage and offloading vessels.
Helix Resources (ASX:HLX)
Helix Resources entered into conditional agreements to secure up to 40% of the Gold Basin oxide gold project in Arizona, covering six advanced gold targets.
Piche Resources (ASX:PR2)
Piche Resources said mapping and geochemical sampling at the Cerro Chacon project extended the epithermal vein/breccia system by 14 kilometers, while geological mapping and rock chip sampling at the Sierra Cuadrada project yielded "significant" results.
Cavalier Resources (ASX:CVR)
Cavalier Resources said Raptor Capital International conducted a site visit to the Crawford gold project in Western Australia. The company secured a non-binding term sheet with Raptor for $11 million.