ASX Small-Cap Stocks to Watch

MT Newswires Live

May 22

Investors are likely to keep an eye on the following small-cap stocks listed on the Australian Securities Exchange.

New Frontier Minerals (ASX:NFM)

New Frontier Minerals completed a site visit to Austral Resources' (ASX:AR1) Mt Kelly copper processing plant in Queensland, part of advancing the company's NWQ project towards production.

Ordell Minerals (ASX:ORD)

Ordell Minerals started a 5,000-meter drilling program at its Barimaia gold project in Western Australia to target extensions and discoveries within the Barimaia Intrusion.

Augustus Minerals (ASX:AUG)

Augustus Minerals said new sampling expanded the high-grade zone at the Music Well project in Western Australia by 250 meters, resulting in a 950-meter strike of mineralization, while new mapping identified clusters of multiple veins at several orientations.

Stavely Minerals (ASX:SVY)

Stavely Minerals is preparing for a reverse circulation drilling program at the Fairview gold prospect in its Stavely copper-gold project in Victoria.

Arika Resources (ASX:ARI)

Arika Resources found basement-sourced geochemical anomalies, indicating the presence of orogenic gold mineralized systems, through an ultrafine surface geochemical survey at the Ithaca gold prospect within its Kookynie project in Western Australia.

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