ASX Runners of the Week: Osteopore, Leeuwin, | Australian Markets

Hold on to your hats, girls and gents, it’s been much less of a rollercoaster journey than it was a ferocious bucking bull on the markets this week.

The market opened the week with near-record losses after China retaliated with tariffs in the United States, which noticed the S&P 500 shed more than $5.8 trillion in worth in 4 days. It was the largest worth drop in the index’s historical past.

It appeared Trump and his tariffs have been about prepared to increase his wall from Mexico and round the complete United States, aiming to utterly stop imports, lock the doorways and throw away the keys.

Markets have been all doom and gloom, earlier than the chief of the free world pulled his best April Fool’s Day impersonation and took all of it back on Thursday, asserting a 90-day pause on the reciprocal tariffs his administration had utilized to about 60 nations.

This, of course, noticed the S&P 500 surge back practically 10 per cent, giving us the highest one-day worth gain in the index’s historical past. Two data in a single week is enough to make anybody queasy.

Unfortunately for Australia, the 10 per cent tariff positioned on us has not been repealed, which nonetheless appears baffling, as the US makes more money from us than we do from them. It may all the time be worse, although, in two swift retaliatory strikes this week, the US bumped its 100 per cent tariffs on China up to 125 per cent, then 145 per cent.

With Trump’s temperamental tariffs leaving buyers dizzy just one factor is definite – that’s uncertainty itself.

And with international uncertainty comes but more yellow steel all-time highs. The gold price hit a staggering US$3200 (A$5175) an ounce this week.

Bulls N’ Bears ASX Runners of the Week record is notably sparse. With cautious buyers remaining on the sidelines and hesitant to dive in, solely a handful of promising gold juniors have attracted any important curiosity.

Bucking the development and main the pack this week was a shocking candidate and a good change of flavour for the yellow-tinted Runners’ record. A 3D-printing biotech company took out the podium, with its world-leading revolutionary regenerative remedy.

OSTEOPORE LTD (ASX: OSX)

up 140% (0.8c – 3.2c)

This week’s Bulls N’ Bears ASX Runner of the Week is regenerative medication company Osteopore Limited, which noticed its share price soar on news its 3D-printed orthopedic and cranial bone-like implants have been permitted for distribution into the European Union.

The Australian-Singaporean-based Osteopore is a international chief in off-the-shelf 3D-printed surgical bone construction implants, which might pace up bone regrowth and are then reabsorbed by the physique to depart solely a affected person’s healthy regrown bone.

The company’s share price flew from a close of simply 2 cents final week to a high of 4.8c on announcement for a gain of 140 per cent, with more than $3 million of paper traded.

The EU approval was particularly for its customized orthopaedic and cranial implants that complement its present off-the-shelf neurosurgical and craniofacial implants, that are already in use in Europe.

Osteopore appeared a lone shining gentle outdoors of our goldies this week. The company simply took out first place on the back of its ingenious bone-like resorbable implants. The tech, which naturally permits improved bone therapeutic, is now obtainable throughout a number of continents in a number of therapeutic areas.

GOLDEN HORSE MINERALS (ASX: GHM)

up 77% (24c – 42.5c)

Golden Horse Minerals made a late charge up the Runners record to take second place this week. The gold junior’s share price surged up a very tidy 77 per cent from Thursday to 42.5c from final week’s close of 24c on more than $1.5M of stock traded.

The company shot out of the blocks on Thursday after it unveiled assay outcomes from its Hopes Hill gold project in Western Australia. A drilling program beneath the present pit at Hopes Hill’s Central zone revealed high-grade gold intercepts, together with an spectacular 83 metre at 2.5 grams per tonne (g/t) gold from 103m, with an even richer part of 43m at 4.5 g/t gold.

Golden Horse says its drilling program was launched to validate historic drilling information and discover the mineralisation potential straight beneath the former profitable pit ground, whereas additionally assessing the mineralisation’s continuity alongside the strike.

The company says the outcomes, 50m beneath a prior intercept of 61m at 2.5g/t gold from 91m, are half of a 1.3-kilometre gold development that continues to be open alongside strike and at depth, signalling important growth potential.

Drilling operations are ongoing throughout the Central zone and the full 1.3km size of the open pit, with more outcomes anticipated in the coming weeks.

The ASX newcomer, which listed simply final December after raising a helpful $18M at IPO, is getting energetic in the Southern Cross greenstone belt, laying down a swathe of new extensional drilling at its large new consolidated landholding.

Golden Horse says there was minimal new drill testing since mining ceased in the mid Nineteen Nineties at round $350 per ounce gold. There’s one factor for sure, at the present $3200 an ounce gold price, the market goes to be a lot more appreciative of any more stellar hits in the coming weeks.

LEEUWIN METALS (ASX: LM1)

Up 69% (13c – 22c)

Leeuwin Metals confirmed a regular uptick throughout a week that was something however. A review of its historic gold drilling outcomes unveiled intensive shallow high-grade mineralisation over 3km of strike at its just lately acquired Marda gold project in WA.

The review outcomes present the company with some clear drill targets and spotlight the sturdy exploration upside with assays of up to 62m at 1.94g/t gold from 102m and 48m at 1.95g/t gold from 94m.

Four strong days of more than $500,000 of share trading noticed the gold junior’s share price peak on Friday, up more than 69 per cent to a high of 22c from a end of 13c final week.

Marda Central hosts 4 present pits that have been mined by Ramelius Resources from 2019 to 2023. Its core development spans throughout 3km with mineralisation characterised by banded iron formations and quartz veining related to sulphides.

The company says the outcomes lie outdoors 4 open pits beforehand mined by Ramelius and spotlight a important alternative to outline new mineralised zones past the present open pits.

Leeuwin is now ramping up to its maiden drilling marketing campaign at the project, keen to check gold extensions alongside the banded-iron formation development and validate the unmined zones in a file high gold price setting.

The company’s strategy is to outline intensive high-grade zones outdoors the present pits in the hope the all-time-high gold costs will breathe second life into this clearly well-endowed gold system.

PIVOTAL METALS LIMITED (ASX: PVT)

up 54% (0.65c – 1c)

The silent however lethal Pivotal Metals snuck into the closing spot on the Bulls N’ Bears Runners record this week, after it quickly improved on a week the place there was no news in any respect to the market.

The company final week introduced a drilling replace for its substantial Horden Lake copper project in the rising copper jurisdiction of Quebec, Canada.

Its Horden Lake project has a 28 million tonne useful resource grading 1.5 per cent copper equal, which Pivotal says is predominantly copper. The useful resource stays open in a number of instructions.

The company bought a run on Wednesday after its managing director and chief govt officer Ivan Fairhall launched an interview by which he talked up the flagship project.

Pivotal’s share price peaked at 1c on the day, which was up practically 54 per cent on final week’s end, after Fairhall advised the market simply how substantial the Canada useful resource may quickly turn out to be.

As a normal mark for a standalone sulphide mining operations in Australia, 10Mt of useful resource ensures a 10-year operation at a respectable 1Mt each year processing facility.

Horden Lake bodes effectively for Pivotal, ought to it show its growing 28Mt useful resource to be a profitable one.

The company says copper mineralisation shows high conductivity that aligns with its deposit’s identified signature. As such electromagnetic surveys have just lately recognized a number of conductors mirroring Horden Lake’s profile, suggesting important down-plunge and along-strike extensions of the mineral system.

The company says its drilling is now focusing on high-priority shallow EM anomalies alongside strike southwest of the primary deposit.

With its marketing campaign paving the means for an up to date useful resource estimate, the company is hoping its sub-$10M market cap valuation can keep a regular run, simply two weeks after copper hit all-time high costs.

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