{"id":90432,"date":"2026-02-16T00:26:27","date_gmt":"2026-02-16T03:26:27","guid":{"rendered":"https:\/\/tech.einnews.com\/article\/892665464"},"modified":"2026-02-16T00:26:27","modified_gmt":"2026-02-16T03:26:27","slug":"the-asx-trickles-into-green-as-tech-leads-bounce","status":"publish","type":"post","link":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/2026\/02\/16\/the-asx-trickles-into-green-as-tech-leads-bounce\/","title":{"rendered":"The ASX trickles into green as tech leads bounce"},"content":{"rendered":"<div><img data-opt-id=758893364  fetchpriority=\"high\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" fifu-lazy=\"1\" fifu-data-sizes=\"auto\" fifu-data-srcset=\"https:\/\/i0.wp.com\/content.api.news\/v3\/images\/bin\/754f3d528fe9d80e77c31823e13e8e51?ssl=1&w=75&resize=75&ssl=1 75w, https:\/\/i0.wp.com\/content.api.news\/v3\/images\/bin\/754f3d528fe9d80e77c31823e13e8e51?ssl=1&w=100&resize=100&ssl=1 100w, https:\/\/i0.wp.com\/content.api.news\/v3\/images\/bin\/754f3d528fe9d80e77c31823e13e8e51?ssl=1&w=150&resize=150&ssl=1 150w, https:\/\/i0.wp.com\/content.api.news\/v3\/images\/bin\/754f3d528fe9d80e77c31823e13e8e51?ssl=1&w=240&resize=240&ssl=1 240w, https:\/\/i0.wp.com\/content.api.news\/v3\/images\/bin\/754f3d528fe9d80e77c31823e13e8e51?ssl=1&w=320&resize=320&ssl=1 320w, https:\/\/i0.wp.com\/content.api.news\/v3\/images\/bin\/754f3d528fe9d80e77c31823e13e8e51?ssl=1&w=500&resize=500&ssl=1 500w, https:\/\/i0.wp.com\/content.api.news\/v3\/images\/bin\/754f3d528fe9d80e77c31823e13e8e51?ssl=1&w=640&resize=640&ssl=1 640w, https:\/\/i0.wp.com\/content.api.news\/v3\/images\/bin\/754f3d528fe9d80e77c31823e13e8e51?ssl=1&w=800&resize=800&ssl=1 800w, https:\/\/i0.wp.com\/content.api.news\/v3\/images\/bin\/754f3d528fe9d80e77c31823e13e8e51?ssl=1&w=1024&resize=1024&ssl=1 1024w, https:\/\/i0.wp.com\/content.api.news\/v3\/images\/bin\/754f3d528fe9d80e77c31823e13e8e51?ssl=1&w=1280&resize=1280&ssl=1 1280w, https:\/\/i0.wp.com\/content.api.news\/v3\/images\/bin\/754f3d528fe9d80e77c31823e13e8e51?ssl=1&w=1600&resize=1600&ssl=1 1600w\" fifu-data-src=\"https:\/\/i0.wp.com\/content.api.news\/v3\/images\/bin\/754f3d528fe9d80e77c31823e13e8e51?ssl=1\" class=\"ff-og-image-inserted\"><\/div>\n<ul class=\"bullets\">\n<li class=\"body-link\">\n<p>ASX creeps into green as tech leads the bounce<\/p>\n<\/li>\n<li class=\"body-link\">\n<p>Banks tumble as reporting season bites<\/p>\n<\/li>\n<li class=\"body-link\">\n<p>A2 Milk rips, while Austal is dip-bought<\/p>\n<\/li>\n<\/ul>\n<div class=\"description g_font-long-format\">\n<p>By lunchtime in Sydney, the ASX 200 was up a measly 0.1%.<\/p>\n<\/div>\n<p>Not terrible, but considering it sprinted out of the blocks up 0.5% at the open, it had clearly pulled up short.<\/p>\n<p>Wall Street didn\u2019t exactly send us a love letter on Friday.<\/p>\n<p>The US went into the weekend wobbling around flat, with investors trying to convince themselves inflation is cooling and rates might come down.<\/p>\n<p>Back home, though, the ASX found its confidence in the tech sector, which led the charge, up about 4%.<\/p>\n<p>Perhaps investors have decided that maybe last week\u2019s AI panic attack had been a bit dramatic.<\/p>\n<p>Consumer discretionary joined the party as well, with investors dipping back into retailers and spending plays.<\/p>\n<p>Financials, though, were dragged down after <a class=\"body-link\" href=\"https:\/\/stockhead.com.au\/company\/bendigo-adelaide-bank-ben\/\"><strong>Bendigo and Adelaide Bank (ASX:BEN)<\/strong><\/a>&nbsp;tumbled nearly 4%.<\/p>\n<p>BEN said interim cash earnings fell 3.3% to $256.4 million, lending was softer, and while cheaper deposits helped margins, nobody gets excited about a bank for bravely surviving.<\/p>\n<p>Reporting season also added some flair.<\/p>\n<p>In the large caps space, <a class=\"body-link\" href=\"https:\/\/stockhead.com.au\/company\/jb-hifi-jbh\/\"><strong>JB HiFi (ASX:JBH)<\/strong><\/a> nudged higher after delivering a half-year profit of $305.8 million, up 7.1%. The numbers were fine, but the momentum is clearly slowing.<\/p>\n<p><a class=\"body-link\" href=\"https:\/\/stockhead.com.au\/company\/qube-logistics-qub\/\"><strong>Qube Logistics (ASX:QUB)<\/strong><\/a> jumped after signing an $11.7 billion sale deal with Macquarie Asset Management.<\/p>\n<p><a class=\"body-link\" href=\"https:\/\/stockhead.com.au\/company\/treasury-wines\/\"><strong>Treasury Wine Estates (ASX:TWE)<\/strong><\/a> ticked higher even as it scrapped its interim dividend after tumbling into a $649 million first-half loss, thanks to heavy impairments and a brutal wine market.<\/p>\n<p>Protective gear maker <a class=\"body-link\" href=\"https:\/\/stockhead.com.au\/company\/ansell-ann\/\"><strong>Ansell (ASX:ANN)<\/strong><\/a> is still grinding higher, shrugging off Trump-era tariffs after jacking prices enough to cover an US$80m hit.<\/p>\n<p>Markets are soft and management\u2019s not pretending sunshine\u2019s coming, but 15% earnings growth and steady guidance say the machine\u2019s still working.<\/p>\n<p><a class=\"body-link\" href=\"https:\/\/stockhead.com.au\/company\/a2-milk-a2m\/\"><strong>A2 Milk (ASX:A2M)<\/strong><\/a>, meanwhile, ripped more than 10% after lifting its FY26 revenue growth guidance to mid double digits.<\/p>\n<p><a class=\"body-link\" href=\"https:\/\/stockhead.com.au\/company\/austal-asb\/\"><strong>Austal (ASX:ASB)<\/strong><\/a> rebounded more than 15% after being smashed 23% on Friday for overstating earnings tied to a US Navy contract. The bounce wasn\u2019t forgiveness, it was more dip buying.<\/p>\n<p>And out in the Perth Basin, <a class=\"body-link\" href=\"https:\/\/stockhead.com.au\/company\/strike-energy-stx\/\"><strong>Strike Energy (ASX:STX)<\/strong><\/a> quietly got the green light to drill Walyering West-1, testing a prospective 46 petajoules of gas.<\/p>\n<h2>ASX LEADERS<\/h2>\n<p>Today\u2019s best performing stocks (including small caps) intraday:<\/p>\n<table>\n<thead>\n<tr>\n<th>Security <\/th>\n<th>Description <\/th>\n<th>Last <\/th>\n<th>% <\/th>\n<th>Volume <\/th>\n<th>MktCap <\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>C7A <\/td>\n<td>Clara Resources <\/td>\n<td>0.005 <\/td>\n<td>29% <\/td>\n<td>7,466,786 <\/td>\n<td>$6,431,290 <\/td>\n<\/tr>\n<tr>\n<td>MNB <\/td>\n<td>Minbos Resources Ltd <\/td>\n<td>0.015 <\/td>\n<td>25% <\/td>\n<td>12,209,415 <\/td>\n<td>$13,731,590 <\/td>\n<\/tr>\n<tr>\n<td>PKY <\/td>\n<td>Pathkey.Ai Ltd <\/td>\n<td>0.025 <\/td>\n<td>25% <\/td>\n<td>2,268,711 <\/td>\n<td>$12,141,555 <\/td>\n<\/tr>\n<tr>\n<td>OEL <\/td>\n<td>Otto Energy Limited <\/td>\n<td>0.005 <\/td>\n<td>25% <\/td>\n<td>300,000 <\/td>\n<td>$19,180,039 <\/td>\n<\/tr>\n<tr>\n<td>MAU <\/td>\n<td>Magnetic Resources <\/td>\n<td>1.995 <\/td>\n<td>25% <\/td>\n<td>3,879,685 <\/td>\n<td>$472,727,226 <\/td>\n<\/tr>\n<tr>\n<td>EDE <\/td>\n<td>Eden Inv Ltd <\/td>\n<td>0.235 <\/td>\n<td>24% <\/td>\n<td>7,742,378 <\/td>\n<td>$104,683,685 <\/td>\n<\/tr>\n<tr>\n<td>PAT <\/td>\n<td>Patriot Resourcesltd <\/td>\n<td>0.064 <\/td>\n<td>23% <\/td>\n<td>352,163 <\/td>\n<td>$10,661,168 <\/td>\n<\/tr>\n<tr>\n<td>CDE <\/td>\n<td>Codeifai Limited <\/td>\n<td>0.011 <\/td>\n<td>22% <\/td>\n<td>9,163,404 <\/td>\n<td>$7,637,693 <\/td>\n<\/tr>\n<tr>\n<td>MGA <\/td>\n<td>Metalsgrovemining <\/td>\n<td>0.145 <\/td>\n<td>21% <\/td>\n<td>132,913 <\/td>\n<td>$18,174,400 <\/td>\n<\/tr>\n<tr>\n<td>BUY <\/td>\n<td>Bounty Oil &amp; Gas NL <\/td>\n<td>0.003 <\/td>\n<td>20% <\/td>\n<td>35,017 <\/td>\n<td>$3,904,002 <\/td>\n<\/tr>\n<tr>\n<td>EMT <\/td>\n<td>Emetals Limited <\/td>\n<td>0.006 <\/td>\n<td>20% <\/td>\n<td>150,000 <\/td>\n<td>$4,250,000 <\/td>\n<\/tr>\n<tr>\n<td>MGU <\/td>\n<td>Magnum Mining &amp; Exp <\/td>\n<td>0.006 <\/td>\n<td>20% <\/td>\n<td>12,575,086 <\/td>\n<td>$16,065,186 <\/td>\n<\/tr>\n<tr>\n<td>NMR <\/td>\n<td>Native Mineral Res <\/td>\n<td>0.115 <\/td>\n<td>20% <\/td>\n<td>5,319,250 <\/td>\n<td>$105,404,430 <\/td>\n<\/tr>\n<tr>\n<td>CU6 <\/td>\n<td>Clarity Pharma <\/td>\n<td>3.420 <\/td>\n<td>20% <\/td>\n<td>3,882,467 <\/td>\n<td>$1,064,006,003 <\/td>\n<\/tr>\n<tr>\n<td>EQR <\/td>\n<td>Eq Resources Limited <\/td>\n<td>0.245 <\/td>\n<td>20% <\/td>\n<td>33,654,397 <\/td>\n<td>$979,952,763 <\/td>\n<\/tr>\n<tr>\n<td>ASB <\/td>\n<td>Austal Limited <\/td>\n<td>5.740 <\/td>\n<td>18% <\/td>\n<td>2,246,985 <\/td>\n<td>$2,055,384,576 <\/td>\n<\/tr>\n<tr>\n<td>ODE <\/td>\n<td>Odessa Minerals Ltd <\/td>\n<td>0.027 <\/td>\n<td>17% <\/td>\n<td>20,129,508 <\/td>\n<td>$40,567,820 <\/td>\n<\/tr>\n<tr>\n<td>AEV <\/td>\n<td>Avenira Limited <\/td>\n<td>0.007 <\/td>\n<td>17% <\/td>\n<td>257,714 <\/td>\n<td>$25,551,864 <\/td>\n<\/tr>\n<tr>\n<td>AX8 <\/td>\n<td>Accelerate Resources <\/td>\n<td>0.007 <\/td>\n<td>17% <\/td>\n<td>1,499,234 <\/td>\n<td>$6,067,132 <\/td>\n<\/tr>\n<tr>\n<td>NAE <\/td>\n<td>New Age Exploration <\/td>\n<td>0.004 <\/td>\n<td>17% <\/td>\n<td>11,682,223 <\/td>\n<td>$12,617,734 <\/td>\n<\/tr>\n<tr>\n<td>IR1 <\/td>\n<td>Irismetals <\/td>\n<td>0.145 <\/td>\n<td>16% <\/td>\n<td>765,734 <\/td>\n<td>$35,136,940 <\/td>\n<\/tr>\n<tr>\n<td>IRX <\/td>\n<td>Inhalerx Limited <\/td>\n<td>0.029 <\/td>\n<td>16% <\/td>\n<td>574,614 <\/td>\n<td>$6,156,433 <\/td>\n<\/tr>\n<tr>\n<td>ASP <\/td>\n<td>Aspermont Limited <\/td>\n<td>0.008 <\/td>\n<td>14% <\/td>\n<td>19,999 <\/td>\n<td>$20,378,036 <\/td>\n<\/tr>\n<tr>\n<td>EM2 <\/td>\n<td>Eagle Mountain <\/td>\n<td>0.008 <\/td>\n<td>14% <\/td>\n<td>209,930 <\/td>\n<td>$10,740,206 <\/td>\n<\/tr>\n<tr>\n<td>H3E <\/td>\n<td>H3 Energy Ltd <\/td>\n<td>0.008 <\/td>\n<td>14% <\/td>\n<td>118,665 <\/td>\n<td>$5,974,589 <\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><a class=\"body-link\" href=\"https:\/\/stockhead.com.au\/company\/clara-resources-australia-c7a\/\"><strong>Clara Resources Australia (ASX:C7A)<\/strong><\/a>\u2019s first technical review says Mareeba hosts a large gold system that was barely tested, with shallow historic drilling hitting multiple high-grade lodes and past mining pulling grades above 30g\/t.<\/p>\n<p>The company said it\u2019s moving straight into drilling on the best historic hits to build toward a maiden JORC resource.<\/p>\n<p><a class=\"body-link\" href=\"https:\/\/stockhead.com.au\/company\/minbos-resources-mnb\/\"><strong>Minbos Resources (ASX:MNB)<\/strong><\/a> says the leadership handover is orderly, with Rob Newbold stepping in as Acting CEO to keep momentum on Cabinda.<\/p>\n<p>Minbos also said its Angolan mining rights are locked in under a 23-year Mining Investment Contract.<\/p>\n<p><a class=\"body-link\" href=\"https:\/\/stockhead.com.au\/company\/genesis-minerals-gmd\/\"><strong>Genesis Minerals (ASX:GMD)<\/strong><\/a> is buying Magnetic to bolt on Lady Julie\u2019s ~2.2Moz high-grade gold next to its Laverton mill, giving it near-term feed and more firepower on the Chatterbox Trend.<\/p>\n<p><a class=\"body-link\" href=\"https:\/\/stockhead.com.au\/company\/patriot-resources-pat\/\"><strong>Patriot Resources&#8217; (ASX:PAT)<\/strong><\/a> first JORC resource at Tassa in Peru clocks in at ~31.4Moz silver equivalent from surface, confirming a big, silver-dominant epithermal system that\u2019s still wide open and barely drilled.<\/p>\n<h2>ASX LAGGARDS<\/h2>\n<p>Today\u2019s worst performing stocks (including small caps) intraday:<\/p>\n<table>\n<thead>\n<tr>\n<th>Security <\/th>\n<th>Description <\/th>\n<th>Last <\/th>\n<th>% <\/th>\n<th>Volume <\/th>\n<th>MktCap <\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>OVT <\/td>\n<td>Ovanti Limited <\/td>\n<td>0.002 <\/td>\n<td>-25% <\/td>\n<td>22,948,200 <\/td>\n<td>$17,303,954 <\/td>\n<\/tr>\n<tr>\n<td>BNL <\/td>\n<td>Blue Star Helium Ltd <\/td>\n<td>0.004 <\/td>\n<td>-20% <\/td>\n<td>754,053 <\/td>\n<td>$21,778,134 <\/td>\n<\/tr>\n<tr>\n<td>CDR <\/td>\n<td>Codrus Minerals Ltd <\/td>\n<td>0.032 <\/td>\n<td>-20% <\/td>\n<td>1,802,700 <\/td>\n<td>$8,269,375 <\/td>\n<\/tr>\n<tr>\n<td>ENT <\/td>\n<td>Enterprise Metals <\/td>\n<td>0.004 <\/td>\n<td>-20% <\/td>\n<td>2,946,429 <\/td>\n<td>$7,470,753 <\/td>\n<\/tr>\n<tr>\n<td>ROG <\/td>\n<td>Red Sky Energy. <\/td>\n<td>0.002 <\/td>\n<td>-20% <\/td>\n<td>403,450 <\/td>\n<td>$13,555,568 <\/td>\n<\/tr>\n<tr>\n<td>SIO <\/td>\n<td>Simonds Grp Ltd <\/td>\n<td>0.120 <\/td>\n<td>-17% <\/td>\n<td>7,069 <\/td>\n<td>$52,186,435 <\/td>\n<\/tr>\n<tr>\n<td>GGE <\/td>\n<td>Grand Gulf Energy <\/td>\n<td>0.003 <\/td>\n<td>-17% <\/td>\n<td>27,333 <\/td>\n<td>$9,211,275 <\/td>\n<\/tr>\n<tr>\n<td>ERA <\/td>\n<td>Energy Resources <\/td>\n<td>0.003 <\/td>\n<td>-14% <\/td>\n<td>5,068,101 <\/td>\n<td>$1,418,886,843 <\/td>\n<\/tr>\n<tr>\n<td>VTA <\/td>\n<td>Vita Resources <\/td>\n<td>0.043 <\/td>\n<td>-14% <\/td>\n<td>61,500 <\/td>\n<td>$3,660,921 <\/td>\n<\/tr>\n<tr>\n<td>CAN <\/td>\n<td>Cann Group Ltd <\/td>\n<td>0.007 <\/td>\n<td>-13% <\/td>\n<td>905,075 <\/td>\n<td>$12,706,933 <\/td>\n<\/tr>\n<tr>\n<td>KTA <\/td>\n<td>Krakatoa Resources <\/td>\n<td>0.007 <\/td>\n<td>-13% <\/td>\n<td>250,000 <\/td>\n<td>$9,698,088 <\/td>\n<\/tr>\n<tr>\n<td>UNT <\/td>\n<td>Unith Ltd <\/td>\n<td>0.007 <\/td>\n<td>-13% <\/td>\n<td>811,620 <\/td>\n<td>$12,180,470 <\/td>\n<\/tr>\n<tr>\n<td>WSR <\/td>\n<td>Westar Resources <\/td>\n<td>0.007 <\/td>\n<td>-13% <\/td>\n<td>3,458,015 <\/td>\n<td>$3,972,268 <\/td>\n<\/tr>\n<tr>\n<td>MAN <\/td>\n<td>Mandrake Res Ltd <\/td>\n<td>0.022 <\/td>\n<td>-12% <\/td>\n<td>263,145 <\/td>\n<td>$15,681,498 <\/td>\n<\/tr>\n<tr>\n<td>REZ <\/td>\n<td>Resourc &amp; En Grp Ltd <\/td>\n<td>0.015 <\/td>\n<td>-12% <\/td>\n<td>1,308,114 <\/td>\n<td>$15,566,272 <\/td>\n<\/tr>\n<tr>\n<td>CRR <\/td>\n<td>Critical Resources <\/td>\n<td>0.008 <\/td>\n<td>-11% <\/td>\n<td>1,918,489 <\/td>\n<td>$28,521,769 <\/td>\n<\/tr>\n<tr>\n<td>EXT <\/td>\n<td>Excite Technology <\/td>\n<td>0.008 <\/td>\n<td>-11% <\/td>\n<td>1,362,585 <\/td>\n<td>$18,739,083 <\/td>\n<\/tr>\n<tr>\n<td>GNM <\/td>\n<td>Great Northern <\/td>\n<td>0.034 <\/td>\n<td>-11% <\/td>\n<td>971,195 <\/td>\n<td>$18,430,520 <\/td>\n<\/tr>\n<tr>\n<td>ACL <\/td>\n<td>Au Clinical Labs <\/td>\n<td>2.170 <\/td>\n<td>-10% <\/td>\n<td>1,307,223 <\/td>\n<td>$465,174,505 <\/td>\n<\/tr>\n<tr>\n<td>TMX <\/td>\n<td>Terrain Minerals <\/td>\n<td>0.005 <\/td>\n<td>-10% <\/td>\n<td>1,666,112 <\/td>\n<td>$16,679,141 <\/td>\n<\/tr>\n<tr>\n<td>E25 <\/td>\n<td>Element 25 Ltd <\/td>\n<td>0.325 <\/td>\n<td>-10% <\/td>\n<td>165,190 <\/td>\n<td>$95,679,660 <\/td>\n<\/tr>\n<tr>\n<td>STG <\/td>\n<td>Straker Limited <\/td>\n<td>0.303 <\/td>\n<td>-10% <\/td>\n<td>8,531 <\/td>\n<td>$21,553,665 <\/td>\n<\/tr>\n<tr>\n<td>ALV <\/td>\n<td>Alvomin <\/td>\n<td>0.038 <\/td>\n<td>-10% <\/td>\n<td>1,533,869 <\/td>\n<td>$10,251,935 <\/td>\n<\/tr>\n<tr>\n<td>AQX <\/td>\n<td>Alice Queen Ltd <\/td>\n<td>0.010 <\/td>\n<td>-9% <\/td>\n<td>814,028 <\/td>\n<td>$21,171,658 <\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><b>IN CASE YOU MISSED IT<\/b><\/h2>\n<p><a class=\"body-link\" href=\"https:\/\/stockhead.com.au\/company\/decidr-ai-industries-dai\/\"><b>Decidr (ASX:DAI)<\/b><\/a> US has partnered with Beckway Group to <a class=\"body-link\" href=\"https:\/\/stockhead.com.au\/tech\/decidr-ais-sugarwork-partners-with-new-york-private-equity-advisor-beckway\/\">expand deployment of its Sugarwork platform<\/a> within private equity-backed companies.<\/p>\n<p><a class=\"body-link\" href=\"https:\/\/stockhead.com.au\/company\/hot-chili-hch\/\"><b>Hot Chili (ASX:HCH)<\/b><\/a> is making its Costa Fuego project an even more tantalising development prospect, with drilling suggesting it could have a <a class=\"body-link\" href=\"https:\/\/stockhead.com.au\/resources\/hot-chili-opens-door-to-high-grade-starter-pit-at-la-verde-copper-gold-discovery\/\">shallow, high-grade starter pit<\/a> on its hands at La Verde.<\/p>\n<p>Tylah Tully looks at&nbsp;Genesis Minerals and a <a class=\"body-link\" href=\"https:\/\/stockhead.com.au\/stockhead-tv\/break-it-down\/break-it-down-genesis-moves-on-magnetic-in-laverton-gold-consolidation-play\/\">recommended scheme to acquire 100%<\/a> of <a class=\"body-link\" href=\"https:\/\/stockhead.com.au\/company\/magnetic-resources-mau\/\"><b>Magnetic Resources (ASX:MAU)<\/b><\/a> and its 2.2Moz gold resource.<\/p>\n<p><a class=\"body-link\" href=\"https:\/\/stockhead.com.au\/company\/tarrina-resources-tr8\/\"><b>Tarrina Resources (ASX:TR8)<\/b><\/a> has kicked off the news flow on its South Australian projects with <a class=\"body-link\" href=\"https:\/\/stockhead.com.au\/resources\/tarrina-eyes-kalkaroo-style-upside-at-walparuta-as-drilling-starts-at-christmas-gift\/\">IOCG-style targets at Walparuta<\/a>.<\/p>\n<p><a class=\"body-link\" href=\"https:\/\/stockhead.com.au\/company\/waratah-minerals-wtm\/\"><b>Waratah Minerals (ASX:WTM)<\/b><\/a> moves <a class=\"body-link\" href=\"https:\/\/stockhead.com.au\/stockhead-tv\/stocktake\/stocktake-waratah-expands-spur-gold-project-with-historic-ironclad-lease-acquisition\/\">to expand its footprint<\/a> in NSW, striking a deal to acquire the adjoining Ironclad mining lease Spur.<\/p>\n<h2><b>LAST ORDERS<\/b><\/h2>\n<p><a class=\"body-link\" href=\"https:\/\/stockhead.com.au\/company\/west-coast-silver-wce\/\"><b>West Coast Silver (ASX:WCE)<\/b><\/a> has brought seasoned geologist Sergei Smolonogov on board as technical director, adding 25+ years\u2019 global experience including stints at Adriatic Metals, KAZ Minerals and Barrick.<\/p>\n<p>At Adriatic, Smolonogov was key in advancing the Rupice Ag-Pb-Zn-Au-Cu deposit from discovery through to production.<\/p>\n<p>South African goldie <a class=\"body-link\" href=\"https:\/\/stockhead.com.au\/company\/west-wits-mining-wwi\/\"><b>West Wits Mining (ASX:WWI)<\/b><\/a>has launched a scoping study under its Project 200 initiative to define a pathway to grow the Witwatersrand Basin Project towards 200,000oz per annum gold production.<\/p>\n<p>West Wits has engaged Bara Consulting to deliver the study, with its completion slated for June this year.<\/p>\n<p>The company is fast approaching its first gold pour at Qala Shallows in March, while driving the Project 200 initiative to capitalise on WBP\u2019s 7.24Moz mineral resource base.<\/p>\n<p><a class=\"body-link\" href=\"https:\/\/stockhead.com.au\/company\/riversgold-rgl\/\"><b>Riversgold (ASX:RGL)<\/b><\/a>is gearing up to drill targeting the known 12km gold and copper trend at its Tambourah project in WA\u2019s Pilbara.<\/p>\n<p>It\u2019ll mark the first exploration drilling in over 50 years in an area never assayed for gold.<\/p>\n<p>Right now, approvals are in place and drills are aimed to start spinning in early March.<\/p>\n<p><a class=\"body-link\" href=\"https:\/\/stockhead.com.au\/company\/renerve-rnv\/\"><b>ReNerve (ASX:RNV)<\/b><\/a> has earnt a $517,133 Research and Development Tax Incentive Refund from the ATO under the Federal Government\u2019s R&amp;D Tax Incentive Scheme.<\/p>\n<p>The company continues to progress its range of proprietary biomaterial and medical device programs focused on peripheral nerve repair and related surgical applications.<\/p>\n<p><a class=\"body-link\" href=\"https:\/\/stockhead.com.au\/company\/locksley-resources-lky\/\"><b>Locksley Resources (ASX:LKY)<\/b><\/a> is staying busy across the US, engaging Hazen Research, a highly reputable US metallurgical and process development firm to carry out a proof-of-concept program.<\/p>\n<p>The company is continuing a metallurgical optimisation program to confirm process flowsheet and the ability to produce defence-grade antimony products.<\/p>\n<p><a class=\"body-link\" href=\"https:\/\/stockhead.com.au\/company\/anson-resources-asn\/\"><b>Anson Resources (ASX:ASN)<\/b><\/a>is also gearing up to soon commence uranium and vanadium exploration drilling at its Yellow Cat project in Utah, USA.<\/p>\n<p>The program is designed to confirm mineralisation extends for 4,500m between the known historical workings.<\/p>\n<p>Sampling thus far has revealed up to 10.33% uranium and 25.6% vanadium.<\/p>\n<p><i>At Stockhead, we tell it like it is. While West Coast Silver, West Wits Mining, Riversgold, ReNerve, Locksley Resources and Anson Resources are Stockhead advertisers, they&nbsp; did not sponsor this article.<\/i><\/p>\n<p><i>This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.<\/i><\/p>\n<p>Originally published as <a class=\"body-link\" href=\"https:\/\/stockhead.com.au\/news\/lunch-wrap-asx-trickles-into-green-as-tech-leads-bounce-and-earnings-surprise\/\">Lunch Wrap: ASX trickles into green as tech leads bounce and earnings surprise<\/a><\/p>\n<p><strong><a href=\"https:\/\/blockads.fivefilters.org\"> <\/a><\/strong> <a href=\"https:\/\/blockads.fivefilters.org\/acceptable.html\"> <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ASX creeps into green as <span class=\"match\">tech<\/span> leads the bounce Banks tumble &#8230; found its confidence in the <span class=\"match\">tech<\/span> sector, which led the charge &#8230; $28,521,769 EXT Excite <span class=\"match\">Technology<\/span> 0.008 -11% 1,362 &#8230; : ASX trickles into green as <span class=\"match\">tech<\/span> leads bounce and earnings surprise<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-90432","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/90432","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/comments?post=90432"}],"version-history":[{"count":0,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/90432\/revisions"}],"wp:attachment":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/media?parent=90432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/categories?post=90432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/tags?post=90432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}