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Stocks of the Hour: GreenTech Metals, Golden Deeps, Noble Helium

sharecafe · Jul 6, 2023 21:43

NE +1.68% Golden Deeps Ltd +0.00% Greentech Metals Ltd +2.63% Noble Helium Ltd +1.27%

GreenTech Metals (ASX:GRE) has encountered high-grade lithium at its Ruth Well Project in WA. Executive Director Thomas Reddicliffe commented: "We believe the consistency of the grades over a now 7.5km strike is evidence of a large mineralising system and underscores the prospectivity of this pegmatite zone." Shares are trading 24.11 per cent higher at 69.5 cents.

Golden Deeps (ASX:GED) has identified high-value germanium and gallium rare earth elements at the Nosib deposit in Namibia. CEO Jon Dugdale commented: "Metallurgical concentrate testwork is close to completion, which will allow the company to finalise a maiden Mineral Resource estimate for Nosib." Shares are trading 28.57 per cent higher at 0.9 cents.

Noble Helium (ASX:NHE) has secured a rig from Marriott Drilling Group for the North Rukwa drilling campaign. CEO and Co-Founder Justyn Wood commented: "The rig will immediately mobilise to our first site to start drilling at North Rukwa as planned in September." Shares are trading 9.76 per cent higher at 22.5 cents.

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Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeline for any particular purpose of the above content.

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