Investors are likely to keep an eye on the following small-cap stocks listed on the Australian Securities Exchange.
Magmatic Resources (ASX:MAG)
Magmatic Resources confirmed the presence of a porphyry copper-gold system at the Myall project in New South Wales, with the copper and gold intercepts likely located in the wallrock of that system. The project is part of a farm-in and joint venture with FMG Resources, a subsidiary of Fortescue (ASX:FMG).
Kalgoorlie Gold Mining (ASX:KAL)
Kalgoorlie Gold Mining commissioned a sub-audio magnetic geophysical survey across key sites at its Pinjin project in Western Australia, scheduled to begin in mid-June.
Atlas Pearls (ASX:ATP)
Atlas Pearls reported sales of 75,803 pearls at an average price of AU$86 apiece, totaling AU$6.5 million in revenue, from its Japan auction.
Battery Age Minerals (ASX:BM8)
Battery Age Minerals started its first mine tailings prospectivity study in the Bleiberg and Hochobir project areas in Austria to identify and quantify germanium concentrations in mine dumps and historical tailings.
Kincora Copper (ASX:KCC)
Kincora Copper said the first drilling program with its earn-in partner, AngloGold Ashanti Australia, at the Nyngan porphyry project in New South Wales has been expanded for a second time to test new targets identified by a recent ground gravity survey.
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