On Thursday, there was a lot of movement on the ASX among the junior explorer sector, including diversified mineral explorer Manhattan Corporation (ASX:MHC) which spiked 33.33% to $0.002 on the back of no news.
Helix Resources, which has a market capitalisation of $6.52 million, saw its share price increase 25%, also to $0.002.
It comes after Helix announced on Wednesday that it is shifting its focus to the 1.6km-long Bijoux copper prospect, following completion of downwhole electromagnetic geophysics.
Pivotal Metals (ASX:PVT) also experienced a share price jump of 25% to $0.025.
The company, which has a market capitalisation of $14 million, announced on 2 July that it had identified material resource growth potential at the Hordern Lake deposit via drilling which shows thicker copper mineralisation.
The final rocket for Thursday is Waratah Minerals (ASX:WTM), which saw its share price climb 16.33% to $0.28.
Waratah, which has a market capitalisation of $43.94 million, announced on Wednesday that it had received more drill results from the Spur Project in New South Wales, confirming potential for “significant” shallow gold resources with grades increasing with depth.
Tanks
On the other end of the teeterboard is diversified mineral explorer Resolution Minerals (ASX:RML) whose price dove 33.33% to $0.002 following no news.
Resolution has a broad portfolio of assets, including the George Project which is prospective for silica sand, uranium, and battery minerals, and the 64North Project which is prospective for gold.
Odessa Minerals (ASX:ODE) share price decreased 25% to $0.003.
The company holds more than 3,000km2 of tenements in the rare earth and lithium-rich Gascoyne region of Western Australia.
Battery materials-focused Redivium (ASX:RIL) also dropped by 16.66% to $0.002.
Finally, West Africa Resources’ (ASX:WAF) shares dipped 14.15% to $1.365 after it announced it will be conducting a $150 million placement.
The $1.63 billion market capitalisation company is conducting the placement to progress development activities at the Kiaka Gold Project in Burkina Faso.
Write to Aaliyah Rogan at Mining.com.au
Images: Waratah Minerals
