Mendell Helium (LON: MDH) says M3 Helium, which it has an option to acquire that has been extended to 30 April, will commence drilling of the next Fort Dodge well during March. This is near to the Rost 1-26 well. Further drilling permits are being sought for deeper helium prospects. A US investor group may co-fund the Rost twin well. There is also a potential deal to co-develop a shut-in well. The publication of the AIM admission document should be in March. The share price jumped 36.4% to 3.75p.
Tamar Minerals (LON: TMR) has raised £1.7m at 3p/share and acquired Godolphin Mining for £350,000 of shares at the same price. Godolphin Mining owns the Duke of Leeds mineral rights in Cornwall, and it is owned by Tamar Minerals chairman Mark Thompson. This will eliminate rent and lease-based royalties. The share price increased 17.5% to 3.35p.
Vault Ventures (LON: VULT) shares have started trading on the US OTCQB. The share price is 8.82% higher at 1.85p.
Digital assets developer Coinsilium (LON: COIN) has confirmed that the balance sheet has been strengthened and the portfolio is maturing. A subsidiary owns 182 Bitcoin. The Yellow Network Token and Trading Platform launch is scheduled for 8 March 2026. Coinsillium wants to have broader participation in the network. The share price rose 8.33% to 3.25p.
Ajax Resources (LON: AJAX) has entered an option to purchase 100% of the Macacha copper and silver project, previously known as the Leon project, in Argentina. An initial $100,000 will be paid in shares. Ajax Resources will pay $3m when the option is exercised within 36 months of Environmental Impact Assessment publication. There is a mineral resource estimate of 6.6 million tonnes of Indicated and Inferred resources at 0.62% copper and 18 g/t silver. This equates to approximately 40,900 tonnes of contained copper and 3.8 million ounces of silver, representing an in-situ gross metal value of approximately $900m at prevailing market prices. The deeper mineralisation has not been tested. Former AIM company Alexander Mining had undertaken trial mining at the project. Management is talking with two potential buyers of its interest in the Eureka gold and copper project. The share price gained 7.94% to 8.5p.
Delta Gold Technologies (LON: DGQ) is advancing the University of Toronto C$259,000 from the year 2 sponsorship earlier than expected. This is part of the C$1m commitment. The cash will finance the addition of a second component to the Cryo-refrigeration system, which allows testing of nano-scale structures. The share price added 4.55% to 57.5p.
Stack BTC (LON: STAK) has bought an initial 21 Bitcoin at £53,729 each. The share price improved 2.08% to 6.125p.
FALLERS
Valerum (LON: VLRM) shares started trading on the OTCQB Venture Market on 4 March. The share price declined 27.3% to 8p.
Ormonde Mining (ORM) investee company TRU Precious Metals has identified a new mineralised trend and further gold targets at the Golden Rose project in Newfoundland. The share price fell 12% to 0.33p.
Astrid Intelligence (LON: ASTR) director Siam Kidd acquired 23.9 million shares at 0.187p each, prior to his becoming chief executive. The company has increased its TAO token deployment into an over the counter partnership transaction with video intelligence infrastructure developer Score (Subnet 44), operating within the Bittensor ecosystem. This means Astrid has bought 78,740.05 alpha at an implied price of 0.0127 TAO per alpha. Astrid has launched Astrid Vault, an on-chain platform designed to improve liquidity and stability across the Bittensor AI network. The share price slipped 5.56% to 0.17p.