FINWIRES · TerminalLIVE
FINWIRES

Solstice Minerals Intersects Wide Mineralization Beyond Resource Boundary at Western Australia Project; Shares Up 3%

By

Solstice Minerals (ASX:SLS) intersected wide mineralization zones 160 meters to the north of the current mineral resource estimate boundary at its Nanadie project in Western Australia, according to a Friday filing with the Australian bourse.

Initial assays from the second-phase reverse circulation drilling yielded 44 meters at 0.52% copper, 0.14 grams per tonne grade of gold from 93 meters, within a broader combined anomalous intercept of 112 meters at 0.44% copper, 0.14 g/t grade of gold from five meters, the filing said.

Mineralization was confirmed over a strike length of roughly 1.2 kilometers, remaining open to the north.

Step-out drilling is underway at the southern end of the deposit, per the filing.

Shares rose 3% in morning trade on Friday.

Related Articles

Asia

Kim Forest Enterprise Wins NT$110 Million Genome Sequencing Kit Supply Deal

Kim Forest Enterprise (TPE:6645) won a tender to supply whole genome sequencing assay kits to a national hospital in Taiwan under a contract worth NT$110 million, according to a Wednesday Taiwan Exchange filing.Shares slid about 2% in Thursday's late morning trade.The contract runs from June 10, 2026, to Dec. 31, 2028.Kim Forest said the deal is expected to expand its business operations and boost revenue.

$TPE:6645
Asia

Beijing Balance Medical Tech to Buy Back Up to 100 Million Yuan Worth of Shares

Beijing Balance Medical Technology (SHA:688198) plans to repurchase shares worth between 50 million yuan and 100 million yuan, according to a Shanghai bourse filing on Thursday.The company will buy back between 359,583 shares and 719,165 shares, which represents 0.26% to 0.52% of the company's total shares, within 12 months after the approval of the board of directors.The maximum repurchase price will be 139.05 yuan per share.The repurchased shares will be used for the company's employee stock ownership plan or equity incentives.The medical device manufacturer's shares rose 1% during the morning trade.

$SHA:688198
Asia

MediaTek's Sales Edge Up in April; Shares Drop 3%

MediaTek (TPE:2454) booked consolidated net sales of NT$47.4 billion in May, up 1.5% from NT$46.7 billion in April, according to a Wednesday Taiwan Exchange filing.Shares slid about 3% in Thursday's late morning trade.MediaTek did not provide further details in the filing.

$TPE:2454