Stocks of the Hour: Prospech, Hera Med, LCL Resources

 

Prospech (ASX:PRS) has announced further assay results from the ongoing program of sampling and assaying of the historic drill core from holes completed in the 1950s, 60s and early 70s. A total of 307 samples from 25 holes are reported. Shares are trading 14.29 per cent higher at 3.2 cents.

Hera Med (ASX:HMD) has received and accepted a further investment offer via a private Placement of approx $1 million from 3 leading institutional investors including Hera Med’s first investment from a leading impact fund. Shares are trading 9.52 per cent higher at 2.3 cents.

LCL Resources Ltd (ASX:LCL) has completed trenching at the Dada porphyry prospect within its 100% owned PNG Liamu Gold-Copper Project. All trenches showed gold mineralisation, confirming a large porphyry system. Shares are trading 11.11 per cent higher at 1 cent.