• Green Critical Minerals invests in ‘revolutionary’ graphite technology
• Polymetals Resources rises on Endeavor mine restart
• James Bay Minerals shows that diving into gold could whet investors’ appetite

As we look to a clean energy future, critical mineral stocks are rising and the October winners’ list for graphite, base metals, rutile, copper and nickel resources is approaching.

And this is a big change from the dominance of gold in September, antimony (mostly in gold fields) in August, and gold again in July.

you should have come back List of ASX small cap resources winners for June It’s hard to find critical minerals at the forefront because gold is pretty hot right now; It has been consistently pushing new all-time highs and is currently up around $4200/ounce ahead of the US election results.

READ MORE: Gold Digger: Who is better for gold, Trump or Kamala?

Non-gold ressie winners

Ranked second in our list of resource winners last month, Green Critical Minerals (ASX:GCM) It recently signed a purchase agreement with Cerex for its late-stage graphite technology that can produce salable graphite blocks from graphite powder.

Junior rose 300% in October due to its ability to produce very high density (VHD) blocks, a graphite material that has the highest thermal conductivity ever recorded for any bulk material and can be used in solar-thermal systems, nuclear reactors and other areas. high performance electronics.

Trading below 2c in September and placing fifth on the ressie list Asian Battery Metals (ASX:AZ9)The company, which put a rocket under its stock in October, is up 179% after encountering some spectacular copper and nickel hits at the Oval mine in Mongolia’s Gobi desert.

A significant 107.2m sulphide intercept was intercepted in the 8.8m hole OVD021 with 6.08% copper and 3.19% nickel during Phase 1 diamond drilling, and its shares rose significantly following this news.

Support coming from AZ9 BHPs (ASX:BHP) The Xplor program in 2023 has helped him reach this stage and the youngster is currently trading at 9.5c.

It ranked seventh with an increase of 150 percent. Summit Minerals (ASX:PUA) Research is on his mind after acquiring the Minta rutile project in Cameroon, which spans 8,800 km2 and also has potential for zircon and monazite REEs.

Polymetal Resources (ASX:POL) It ranked sixth with a 167% increase in value, coming in at ninth place, as it plans to restart its historic Endeavor silver and base metals mine. Lunnon Metals (ASX:LM8) Nickel and gold exploration at the Lady Herial flats, near the prolific Foster nickel mine, has increased by 118%.

Lithium youngster crawling to tenth place Evergreen Lithium (ASX:EG1)With the spodumene discovery at Bynoe, price trends will increase by 105% throughout the month.

And with a 129% increase in share price, it rose to eighth place, a penny stock Australian Mines (ASX:AUZ) Development of the Flemington scandium project in NSW continues apace.

Aims to be a pure scandium producer like others Rio Tinto (ASX:RIO), Sunrise Energy Metals (ASX:SRL) and small cap resources winner graduates Rimfire Pacific Mining (ASX:RIM) We are proving some of the highest quality goods originating from China the world has ever seen. I’m not exactly sure why scandium is so popular…

READ MORE: Is scandium ready to explode too? Here are some ASX juniors rising with material accumulation

And the winner is…

Numero uno for October, James Bay Minerals (ASX:JBY) Its pivot to gold is still whetting investors’ appetites, and it’s up a whopping 367% in the month and now trades for 62 cents per share; This is more than double the IPO price of 30.5 cents in September 2023.

For about a year, Young had been exploring the high-potential La Grande lithium tenements in Quebec, Canada, but Li2O prices had bottomed out during this period, making it difficult to get investors on board.

JBY’s share price hit bottom on August 20 with just 9.9 thousand shares, but a few months later on October 14, the company shocked the stock market. acquisition of the advanced Independence gold project In the Nevada desert.

For just $2.4 million, it acquired a non-JORC 1.18 Moz gold and 7.6 Moz silver project with a high-grade 796,200 oz resource containing 6.53 g/t gold and an all-directional mineralized strike.

Gold mining giants Newmont and Barrick Gold’s Phoenix mine, which produces up to 1.8 millionoz of gold per year, has the potential to yield permits in as little as eight months, thanks to its easy infrastructure, and has recently yielded over 24.4 million 9.1 g/t near-surface. gold discovery took place. Apart from the existing source, investors were seen flocking to small capital.

WATCH MORE: Long Shortz with James Bay Minerals: Golden opportunity with JBY acquisition of Independence project

Other gold explorers who have made gains include: Minor Resources (ASX:YRL) It came in third place, up 222% in October, following the Siona gold discovery east of Wiluna in Western Australia. Black Dragon Gold (ASX:BDG) Fourth, the company has had a big boom in terms of share price, rising 214% on minimal news about the 1.5Moz Salave gold project in northern Spain, where it is still awaiting environmental approvals.

October’s top 50 ASX resource stocks

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At Stockhead we tell it like it is. Although James Bay Minerals and Australian Mines are Stockhead advertisers, they have not sponsored this article.

This article does not constitute financial product recommendation. You should consider seeking independent advice before making any financial decisions.

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