ASX Today: Stocks to watch on Tuesday

ASX futures are anticipating a bearish market opening this morning in the lead-up to the US Federal Reserve’s two-day policy meeting.

Here are some ASX-listed companies with news out today:

SensOre (S3N), a company utilising artificial intelligence to map potential exploration areas, has reported that its subsidiary, Exploration Ventures AI, has located lithium-bearing pegmatites.

The mineralisation was discovered using the company’s proprietary technology at the newly discovered Buttamiah prospect at its Abbotts North project leases.

The leases were acquired in August for $75,000 without an option and are exercisable for $275,000 by 2025.

S3N shares last traded at 25 cents.

Regener8 Resources (R8R) has discovered high-grade nickel and cobalt mineralisation after a review of historical exploration at its newly acquired tenement, East Ponton.

“With highly encouraging nickel and cobalt grades over only a three-metre composite end-of-hole sample and 17 metres of similar logged unit thickness above being completely untested, the Hatlifter prospect is quickly becoming an exciting and high-priority target for Regener8 to further investigate,” R8R Managing Director Stephen Foley said.

R8R also announced the potential for thicker mineralisation at the prospect.

R8R shares last traded at 17 cents.

Meanwhile, Magmatic Resources (MAG) has recommenced diamond drilling at the Covetter and Kingswood prospects at its Myall project to target shallow mineralisation.

The company is aiming to drill 8-10 holes to an average depth of 250 metres over four to six weeks.

MAG believes this current phase of exploration could rapidly expand the significant metal endowment already defined at Myall, which includes 354,000 tonnes of copper metal equivalent.

MAG shares last traded at 5 cents.

Amaero International (3DA), has re-designed the floor plan and process flow for its 9300 square metre manufacturing facility in Tennessee.

The upgrades will accommodate the installation of its atomizer plants, with plans now cancelled to construct a 2800 square metre high-bay extension, which reduces rent by 30 per cent.

3DA shares last traded at 18 cents.

And, Solstice Minerals (SLS) has confirmed that follow-up reconnaissance air-core drilling at its Leviathan rare earth oxide (REO) prospect has uncovered a kilometre-long total rare earth oxide anomaly.

“The extended air-core and resampling coverage, while still at a reconnaissance scale, has shown that there are widespread >0.1 per cent TREOY values at or close to fresh rock over much of the western half of the intrusion, including new spot results to 0.72% TREOY,” SLS CEO and Managing Director Nick Castleden said.

“There is sufficient encouragement to consider a next phase of work, which may involve angled RC drilling to test deeper into the fresh rock profile.”

SLS shares last traded at 14 cents.