Investors are likely to keep an eye on the following small-cap stocks listed on the Australian Securities Exchange.
Accelerate Resources (ASX:AX8)
Accelerate Resources started drilling at its 70%-owned Kanowna East gold project in Western Australia, testing basement-hosted gold targets at the Western Tiger and Little Lake prospects.
Terrain Minerals (ASX:TMX)
Terrain Minerals expanded the gold drilling program at its Lightning and Monza prospects in the Smokebush project in Western Australia.
Athena Resources (ASX:AHN)
Athena Resources reached a settlement with Buxton Resources (ASX:BUX) to resolve outstanding applications for forfeiture over Byro project tenements E09/1552 and E09/1507 in Western Australia.
New Frontier Minerals (ASX:NFM)
New Frontier Minerals identified high-priority targets for drill-testing at its Harts Range project in the Northern Territory and is awaiting regulatory approvals to expedite a reverse circulation drilling campaign.
Everest Metals (ASX:EMC)
Everest Metals confirmed a continuous regional gold trend across the Revere gold project in Western Australia following the release of assay results from a recent air-core drilling program.