Investment bank Peel Hunt has described as ‘impressive’ the results from Faron Pharmaceutical Limited’s early-stage cancer trial.
Focusing on myelodysplastic syndrome (MDS), the study assessed 10 patients who had previously failed standard treatments and revealed a remarkable 100% response rate to a new combination involving Faron’s bexmarilimab and azacitidine, a chemotherapy.
Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF) has received a double upgrade from analysts at Liberum, who rate the business’s new chief executive highly enough to predict the gold producer will continue its recent good run.
Liberum believes a Trump re-election in the US will result in elevated global war and trade tensions, with associated inflation risk, and make the gold mining sector even more of a hot bed of M&A.
Atlantic Lithium Ltd (AIM:ALL, OTCQX:ALLIF, ASX:A11) said the first phase of a competitive tender for the remaining 50% of the output from its Ewoyaa project in Ghana saw several offers and has prompted the group to move to a second stage.
Neil Herbert, executive chairman, added: "As one of very few near-term spodumene producers with available offtake yet to be committed, the ongoing partnering process that we are running with Macquarie has highlighted the significant interest in Ewoyaa's feedstock, despite the backdrop of weakened lithium prices.
Faron Pharmaceuticals Limited (AIM:FARN, OTC:FPHAF) has provided an in-depth analysis of highly encouraging data from 10 hard-to-treat patients administered its cancer immunotherapy and chemotherapy.
Chief executive Dr Markku Jalkanen said the data provided evidence of a "deep and durable" response to the regimen.
Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) told investors it has successfully drilled the Itumbula West-1 well to its total depth of 961 meters, with the well encountering elevated helium shows described as “over twenty times the background levels”.
These gas shows were observered whilst drilling through the Lake Beds formation along with the Red Sandstone Group, Karoo Group, and Basement targets.
Anglo Asian Mining PLC (AIM:AAZ, OTC:AGXKF) said drilling at the Xarxar prospect in Azerbaijan has confirmed a significant quantity of copper mineralisation that will be included in a forthcoming resource estimate for the deposit.
Surface drill holes intercepted significant high-grade and continuous grades of copper mineralisation, with intercepts of continuous copper for up to 380 metres, said the statement.
Greatland Gold PLC (AIM:GGP, OTC:GRLGF) said drilling of the main decline at Havieron in Western Australia has been paused while de-watering on the lower confined aquifer (LCA) continues.
Depressurisation activities are progressing, with six depressurisation holes now drilled into the LCA and pumping water to evaporation facilities at the surface, Greatland added.