Bulls N' Bears Big Hits examines some notable drill intercepts revealed on the ASX, including Sunshine Metals' one-ounce-per-tonne gold hit from 41m, which included 2m at 3.9 ounces per tonne gold. Other interesting drill hits from last week were reported from Variscan Mines' Udias lead-zinc mine in northern Spain and PVW Resources' Capao Bonito rare earths project in Brazil.
Shares in Perth-based Variscan Mines have surged as much as 140 per cent today, after the company announced high-grade intersections at its San Jose mine in Spain.
Ian Middlemas-led explorer Apollo Minerals has entered into an agreement to acquire a major stake in a tungsten-copper-gold project in France, in a cash and scrip deal worth up to $13.5 million.
