Marula Mining (LON: MARU) has completed the phase 1 drilling programme at the Blesberg lithium and tantalum mine. The 21 holes were finished ahead of schedule and assay results are awaited. Phase 2 drilling has started and 15 out of 21 holes have been completed. Financial forecasts for the planned open pit hard rock mining plan. The share price jumped 24.4% to 12.125p.
Vinanz Ltd (LON: BTC) has already spent some of the money raised at the beginning of November to acquire 171 bitcoin miners in North America. The plan is to buy a total of 250 bitcoin miners. Vinanz currently holds 9.1 bitcoin. The share price rose a further 14.8% to 7.75p.
Cadence Minerals (LON: KDNC) says its subsidiary has issued a request for consultations and negotiations to the Mexican government concerning the possible revocation of the mining concessions for the Sonora lithium project. These concessions are held by joint venture companies, where Cadence Minerals has 30% stakes. The share price improved 7.2% to 6.7p.
FALLERS
Quantum Exponential (LON: QBIT) has converted its £450,000 investment in Universal Quantum in exchange for 84 million shares at 5319.47p each. A one-for-1,000 share split will happen after the share issue. This means that the subsequent 84,000 shares will be 0.51% of buildable quantum computers developer Universal Quantum. The share price is 18.7% lower at 1.625p.
Wishbone Gold (LON: WSBN) says initial mineralised results from the first half of the Cottesloe project in Western Australia. The company expects full results during next January. The share price dipped 11.9% to 1.85p.
