Business
Surge in mining exploration to benefit these small-cap ASX shares: broker
Soaring commodity prices have resulted in a surge of capital flood into mining exploration expenditure through 2020 and into 2021, according to Bell Potter.
Bell Potter released a research report on 12 March which highlighted the allocation of fresh funds into drilling activities and new discoveries. While small-cap ASX shares are speculative in nature, the broker sees significant upside in explorers that are taking a step closer to becoming producers.
Bell Potter rates these ASX shares as a ‘speculative buy’
Chalice Mining Ltd (ASX: CHN)
Chalice Mining’s assets currently comprise two new and significant discoveries, the…
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