Articles On Sumatra Copper & Gold (ASX:SUM)

Summit Minerals (SUM) is one of the latest ASX-listed companies to set up shop in the prolific James Bay lithium district of Quebec Under a binding option agreement, Summit will acquire 80 per cent of the Castor lithium project The la...

Summit has nabbed 80% of the Castor lithium project in Canada’s prolific James Bay region within the same greenstone belt as TSX-V listed companies Ophir Gold and Q2 Metals. Canada has a lot of promise to become “the Australia” of North Am...

ASX dips 0.56% despite a solid kickstart first thing this morning InfoTech outperforms the market again, leading on +0.21% for the day Heavy Minerals banks a 90% bump on some big time garnet news   For 10 fantastic minutes this morning, l...

Summit Minerals (SUM) reports positive results from phase two drilling at its Stallion REE project in Western Australia Initial assays confirmed resource potential and indicate significant REE-enriched zones Planning is underway for f...

Summit Minerals (ASX:SUM) is planning for another phase of extension and infill drilling in Q3 2023 at its Stallion Rare Earth Element (REE) Project in Western Australia.  The purpose of the phase three drilling is to grow the mineralised z...

Good morning to you all. The good news is that the ASX posted its best one-day gain since April yesterday, after way better than expected CPI data for May had investors punting that the RBA is likely to keep things on hold next week, after...

Battery minerals explorer Summit Minerals (ASX:SUM) is from 15 May 2023  beginning its phase two reverse circulation (RC) drilling campaign at the Stallion Rare Earth Element (REE) Project in Ponton Creek, Western Australia.  The RC rig wil...

ASX scuttled by bleak rates outlook in the US, down 0.83% for the day RBA boss Philip Lowe had better news for Aussies. Kind of Summit Resources galloped to a win, up 35% on great REE news at Stallion   We have comments from US Fed chair...

Recent drilling across the Stallion REE Project has returned multiple stand-out results, which validate and improve upon historical exploration work conducted by Manhattan Corporation. Step-out drilling to the west of the paleochannel at S...

Stockhead’s Top 10 at 10, published at ~10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Summit Minerals has received expanded access for exploration across the southern half of the Windfall project in New South Wales, including all the Toorooka and most of the Pinnacle antimony camps. The access allows for geological mapping a...

Summit Minerals has expanded its antimony footprint in NSW with the grant of a new tenement, Magwood (EL9512) which includes the historic Magwood antimony mine. The mine produced around 5000t of antimony concentrate between 1920 and 1969 at...

Summit Minerals (ASX:SUM) has expanded its antimony footprint by securing the historic Magwood mine tenement (EL9512) near Hillgrove in New South Wales. The company says Magwood produced about 5,000 tonnes of antimony concentrate between 19...

Summit Minerals (SUM) secures the Magwood tenement, expanding its antimony footprint in New South Wales The new tenement includes the historic Magwood antimony mine, which historically produced around 5000 tonnes of antimony concentrate...

Summit is picking up the pace at its Windfall antimony project near Kempsey, New South Wales, after completing a first pass field program with rock chip and soil sampling. A total of 26 samples – divided evenly between rock chip and soil sa...

Summit will sell non-core tenement E09/2435 to Odessa Minerals for 6m ODE shares priced at 1.8c each, 2m options, and a 1.5% net smelter royalty on any future production. The sale aligns with Summit Minerals’ (ASX:SUM) strategy to fund and...

Summit Minerals (SUM) begins drilling at its Stallion project in Western Australia as unseasonal rainfall in the Goldfields region clears This round of work is following up previously defined rare earth element (REE) mineralisation at the p...

Stockhead’s Year in Review video series is a yearly wrap up address from company leaders showcasing latest achievements, discoveries and developments of emerging ASX companies.  In this instalment Jonathan King, Managing Director at Summit...

Drilling is now underway at Summit Minerals’ Stallion project, east of Kalgoorlie, where historical high-grade hits suggest “the essential ingredients for ion-adsorption rare earths mineralisation are present”. In 2011, a 6500m uranium dril...

Summit has put boots on the ground at its Windfall antimony project in New South Wales with the start of fieldwork aimed at confirming prospectivity and guiding future work. The field program includes accessing and sampling some of the hist...

Summit is preparing to start maiden drilling at its Stallion rare earth elements project east of Kalgoorlie after securing Programme of Works approval. The company is understandably keen to do so given that the historical exploration at the...

Summit Minerals has executed Land Access Agreements with two parties in the southeast of the Windfall Antimony Project, in NSW. The properties include workings from the Munga Creek camp, which was last operational in 1974, producing over 11...

Summit Minerals (SUM) executes Land Access Agreements with two parties in the southeast of the Windfall Antimony project in NSWThe agreements give Summit access to the Munga Creek workings, which were last in operation in 1974 and produced...

The ASX will open lower on Wednesday US and European shares generally fell as the BoE announced the ending of its stimulus program RBA assistant governor to speak today Local shares are set to open lower on Wednesday. At 8am AEST, the ASX...

Summit Minerals (SUM) commences fieldwork at its Gascoyne rare earth element (REE) projects in Western AustraliaProspecting and outcrop sampling will be completed over the Morrisey and Lyndon projects to assess the geology and confirm lith...

Summit has started field work at its rare earths and lithium assets in Western Australia’s Gascoyne region to identify and confirm targets for follow-up exploration. Prospecting and outcrop sampling of identified REE-pegmatite and lithium t...

Summit continues to snap up ground around its Stallion rare earths project though its latest acquisition includes a tasty prize – an existing 3.3Mlb Inferred uranium resource. The JORC 2012 resource within the new ELA 28/3241 licence applic...

Critical minerals explorer Summit Minerals has rather dramatically increased the footprint of its Stallion rare earths project east of Kalgoorlie. It has applied for a large exploration licence which envelops its existing tenement that will...

Summit Minerals (SUM) debuts on the ASX after raising $4.6 million through an oversubscribed initial public offering (IPO) The critical minerals explorer owns rare earth element and lithium assets in WA and NSW and has applications for the...

ASX benchmark ends 0.6% ahead Peregrine’s gold rush slows, but still up more than 85% for the day The UK is looking awesome, if you’re a fan of recessions The ASX has had a pretty stable afternoon today, after the ASX 200 rose to a 0.5% g...

The ASX is set to open higher on Friday Wall Street was mixed overnight ahead of the US non-farm payrolls Shares in Block Inc on NYSE fall 7% on volumes miss Local shares are set to open higher today. At 8am AEDT, the ASX 200 August futur...