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Matsa Resources defines new gold targets at Devon within Lake Carey Project
Sampling results indicate gold anomalism in soil at Devon with three samples returning above 1 g/t gold, including one sample in excess of 10 g/t. Exploration drilling at Devon’s LIN1/2, HE1 and HE5/SAM38 targets is expected to begin this week.
Matsa Resources Limited (ASX:MAT) (FRA:KB2) samples have revealed extensive gold anomalism with a peak value of 10.95 g/t gold at Devon Prospect within Lake Carey Gold Project in Western Australia.
The recently completed soil sampling program was extended south of Matsa’s recent sampling at Devon to include Hill East and the area covered by a recent sub-audio magnetic (SAM) survey.
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FTSE 100 lower with Scottish Mortgage trust leading the retreat; Wall Street mixed as Dow crosses 35K Tech shares appear to be out of fashion this week, as the US Nasdaq gave up more than 1%
The FTSE 100 down 6 points
Tech stocks out of favour
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The FTSE 100 ended down 6 points at 7,124, while the FTSE 250 lost 78 points, 0.3%, to close at 22,697. Sterling traders seem unperturbed by the prospect of the UK economy moving into another period of political uncertainty, as the elections put the SNP’s independence plan back on the agenda, IG Chief Market Analyst Chris Beauchamp wrote. An attritional battle through the courts to decide on the legality of a referendum seems likely, taking some of the shine off the prospects for the UK economy. Nonetheless, with the dollar now finding it harder to rally in the wake of the non-farms report it looks like sterling c
S&P/ASX 200 surges past 7100 to its highest level in 14 months as iron ore hits record
Companies
13:13 Mon 10 May 2021
S&P/ASX 200 surges past 7100 to its highest level in 14 months as iron ore hits record
Fortescue Metals, BHP Group and Rio Tinto have gained between 2.7% to 6% as iron ore futures in Singapore jumped more than 10% to hit a fresh record high of US$226 a tonne. Crown Resorts has received a takeover offer from rival The Star Entertainment Group.
S&P/ASX 200 (INDEXASX:XJO) jumped 1.2% to a session high of 7166.1 points by noon as the mining giants soared on record commodity prices.
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FTSE 100 lower with Scottish Mortgage trust leading the retreat; Wall Street mixed as Dow crosses 35K Tech shares appear to be out of fashion this week, as the US Nasdaq gave up more than 1%
The FTSE 100 down 6 points
Tech stocks out of favour
Centricafriendless after downbeat trading update
12.05pm: Major diversion among US indices as midday
The FTSE 100 ended down 6 points at 7,124, while the FTSE 250 lost 78 points, 0.3%, to close at 22,697. Sterling traders seem unperturbed by the prospect of the UK economy moving into another period of political uncertainty, as the elections put the SNP’s independence plan back on the agenda, IG Chief Market Analyst Chris Beauchamp wrote. An attritional battle through the courts to decide on the legality of a referendum seems likely, taking some of the shine off the prospects for the UK economy. Nonetheless, with the dollar now finding it harder to rally in the wake of the non-farms report it looks like sterling c