Articles On Variscan Mines (ASX:VAR)

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...

Variscan has highlighted the potential scale and quality of its Novales-Udias zinc-lead project in Spain with the definition of an exploration target. While no replacement for a formal mineral resource, the exploration target of between 16....

Benchmark sags as Materials sector delivers even more tedious disappointment Coal miners hand back yesterday’s gains as investors tire of Chinese whispers Cannabis offers relief for investors and health stocks climb as well. The ASX has e...

Nickel, copper, cobalt, zinc and graphite are battery metals in high demand in Europe Eurometaux says 10% more zinc, 35% more copper, 100% more nickel and 330% more cobalt are needed by 2050 Europe’s EV uptake is the driving force for batt...

Variscan Mines (VAR) reports further “positive” results from its San Jose Mine in Spain The company received its latest set of assays from a phase two underground drilling program involving 2278 metres of drilling The work continued to exp...

Variscan Mines’ latest assays from Phase 2 underground diamond drilling at its San Jose zinc mine in Spain have continued to expand zones of high-grade mineralisation. The drilling has extended the 168 trend to link up with the adjacent La...

Emerging Companies (XEC) index tumbles 2.8%   Benchmark ASX200 down 7% over five sessions Square Inc is leaking   Small caps have been hit hard for the second consecutive day – down 2.8% and some 11% over the last five sessions. The ben...

10,000m drilling set to kick off at Lithium Plus Minerals’ Bynroe lithium project Chase Mining to acquire advanced McIntosh graphite project PolarX (copper, gold, silver), and Variscan (zinc) up on no news Here are the biggest small cap r...

Variscan has kicked off surface drilling at the Buenahora exploration licence, part of its flagship Novales-Udias zinc project in northern Spain. Buenahora is considered to be a major growth prospect and the 2,000m diamond drill will seek t...

Multiple ‘intense’ chargeable bodies have been detected from a 12-line direct current induced polarization (DCIP) survey over Variscan’s Buenahora exploration licence in Cantabria, northern Spain within the wider Novales-Udias zinc-lead Pro...

ASX posts 0.5% gain on Thursday Small caps retreat as commodities tread water US stocks futures pointing ~0.9% higher The resources heavy ASX Emerging Companies (XEC) index is down about 0.5% on Thursday, with both oil and the major commo...

Variscan’s Phase 2 diamond drilling program at the San Jose mine in Spain has successfully expanded the footprint of the zinc-lead mineralisation at the project. The company has discovered an upper level to the 168 trend with unexploited hi...

Variscan Mines (VAR) further expands zinc mineralisation through underground diamond drilling at the San Jose mine in northern Spain The company received more results from the 168 and Los Caracoles trends which returned peak grades of 22.7...

Variscan Mines has secured the future of one of the key pieces at its flagship Novales-Udias zinc project in northern Spain after receiving a three year extension to the Buenahora exploration licence. Buenahora – translating literally to ‘g...

The rush towards net zero is expected to be metal-intensive, with raw materials such as lithium, cobalt, nickel, copper and zinc set to play a critical role as the world moves towards cleaner technologies. Climate commitments made in Glasgo...

Well, that was brutal. After two days of steady falls, local markets executed a proper face-plant on Tuesday as the microcap Emerging Markets index slumped by 5.14%. For some recent history, you’d have to go back to the heady days of March...

The ASX edged higher in a fairly directionless session in Thursday trade, after US markets comfortably digested the latest round of inflation data overnight. The iron ore majors led the way with strong demand across the board, with more mut...

Underground drilling continues to highlight the potential for Variscan to find high-grade zinc beyond the historical workings at its San Jose mine in northern Spain. While visual observations of the core nearly a month back had already hint...

The ASX closed just 0.11% higher today but there were no shortage of small cap winners, led by Antiviral biotechnology stock Biotron (ASX:BIT). It announced that its lead drug candidate — BIT225 — had been shown to be effective against COVI...

Variscan’s Phase 2 underground diamond drilling program at its San Jose Mine in northern Spain has intersected new zinc massive sulphide mineralisation at the previously untested 168 Trend. The company says this intersection extends known m...

The Australian bourse recouped most of yesterday’s losses despite tech stocks dropping again, this time by 3.49%. The ASX 200 rose 0.78%, closing at 7,411 points, with the gains driven by the resources and energy sectors, which gained 2.3%...

Variscan Mines (VAR) receives government approval to drill over the Buenahora licence area within the Novales-Udias Project in northern Spain The surface drilling permit approves VAR’s initial drilling program consisting of up to 50 drill-...

Variscan has been given the green light to start surface drilling at the Buenahora licence area within its Novales-Udias zinc project in Spain. The surface drilling permit granted by the Government of Cantabria’s Department of Mines allows...

With the increasingly bullish outlook on uranium, timing appears perfect for Marmota (ASX:MEU) to return to its uranium roots with the acquisition of the Junction Dam uranium tenement. Marmota started out as a uranium explorer and spent mo...

Explorer Variscan Mines picks up high-grade zinc, lead, silver and copper from grab sampling conducted around historical mine areas at its ‘Guarajaz’ project in central Spain. While the flagship ‘Novales-Udias’ project remains Variscan’s (A...

Drilling has indicated that there is plenty of zinc remaining at Variscan’s San Jose mine in Spain following the intersection of multiple lenses of mineralisation. At the South West Zone, new laterally extensive and high-grade mineralised l...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Wall Street higher on solid earnings All three US stock market benchmarks rose overnight, buoyed by some strong earnings results. The Dow Jones rose by 0.80%, S&P 500 by 0.82% to reach fresh peaks, and tech heavy Nasdaq by 0.55%. Fashio...

Variscan has expanded its inventory of drill-ready targets at the San Jose zinc-lead mine in Spain after completing a structural mapping survey. The results have not only identified 18 additional infill and step-out drill targets, it has al...

What happened to the most talked about commodities in June? Star performer iron ore hit US$US220/tonne (again) late in the month to be up ~38% year-to-date. The benchmark lithium price in index was up another 2.9% month-on-month, according...

It provides a strong cash balance of around $5 million to execute an aggressive exploration program over the Novales-Udias Project, including follow-up drilling at the San Jose Mine.

Investors have demonstrated their support for Variscan by oversubscribing for a $4.25m placement to fund further exploration at its San Jose mine in Spain. Firm commitments for the placement of more than 53 million shares priced at 8c each...

JUST days after saying he was perplexed by the market's somewhat cautious reaction to Variscan Mines' recent high-grade hits from drilling at its ...

The ASX plummeted into the red today despite positive jobs data out of the ABS, which showed unemployment falling for the seventh straight month to 5.1% while 115,000 jobs were added. This job growth was offset by the growing COVID outbreak...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers during the trading day. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intrad...

Variscan Mines (ASX:VAR) has bolstered the case for a major find at its San Jose mine in Spain, with underground drilling at the growing La Caseta trend delivering more high grade zinc and lead. It was less than a month ago that Variscan ca...

Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Strength Index (RSI). The RSI is a technical gauge which measures how trading momentum is affecting the price action. A reading of 70 is seen as the le...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers during the trading day. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intrad...

Summary The VAR share price has been trending since 25 May, when the company announced a major zinc-lead discovery at Novales Project. Red Sky Energy’s Managing director has provided an update for the progress throughout 2020. The rel...

Amid the broader post-COVID bull run across the commodities complex, base metal mainstays zinc and lead have diverged this year from the market leaders. At the macro level, the relative underperformance of zinc compared to other base metals...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers during the trading day. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intrad...

Investors – where to put your money when everything looks so bloody good? Iron ore touched $200/t once again to close out a volatile month in positive territory. Gold bounced back to record its biggest month-on-month gain since July last ye...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers during the trading day. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intrad...

Last month, the ASX finally reached its pre-pandemic high, went in circles for a couple of weeks then reached it again. What else happened in May? Well, the phase “To the moon” obtained its traditional meaning once more. While the phase has...

Investors will be watching for updates on Traka Resources (ASX:TKL) this week, after the gold explorer ripped higher on no news to post an RSI reading of 91. Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Re...

Summary Audalia Resources reported cash and cash equivalents of AU$162,000 in the quarter ended 31 March. Alchemy Resources has completed phase one Reverse Circulation drilling at Alchemy’s Karonie Gold Project. Vita Life Sciences’ sh...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scrol...

There is potential for high-grade mineralisation extending below the former producing mine, as the majority of the mine has not been drill-tested at depth, which would provide a strong scale opportunity for the company.

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Perth-based explorer Variscan Mines (ASX: VAR) has confirmed the discovery of high-grade zinc mineralisation from recent underground drilling at the central zone of the San Jose mine in Spain. Assay results found zinc-rich, vertically-stack...