Shares in Variscan Mines (ASX:VAR) experienced a notable increase, soaring by up to 46.7% to A$0.022.

This represents the most significant intraday gain the company has seen since October 2022.

The company’s stock reached its highest level since April 14.

The dramatic rise in stock value follows the company’s announcement of a high-grade zinc discovery through underground drilling at the San Jose mine in Spain.

Variscan Mines also reported that the La Catedral area has been a substantial host of high-grade ore zones.

The company anticipates continuing drilling efforts until the end of the 2023 calendar year.

A noteworthy 15 million shares were traded, compared to the 30-day average volume of 252,353.

Despite this positive news, the stock has dropped by 11.8% year-to-date, as of its last close.

Variscan Mines is a natural resources company that specialises in mineral exploration and development.

Shares of Vintage Energy (ASX:VEN) have seen a significant increase, rising as much as 14.8% to A$0.31.

This represents their most substantial intraday percentage gain since July 4.

The oil and gas explorer announced an additional two-year gas sale with Pelican Point Power as part of their master gas supply agreement for the Odin gas field.

The company stated that joint venture parties have agreed on terms with Pelican Point Power for the supply of gas from the start of 2025 until the end of 2026.

Pelican Energy Network holds a 50% stake in PRL 211 JV, with Metgasco owning 25% and Bridgeport Cooper Basin owning the remaining quarter.

Despite the recent surge, Vintage Energy’s stock has fallen 69.5% year-to-date, as of its last close.

Vintage Energy (ASX:VEN) is an oil and gas exploration company with a portfolio of exploration and production assets across Australia.

Australian gold stocks experience a notable increase, rising as much as 2.1%, potentially marking the best day since August 30, contingent on the stability of current gains.

This rise in the sub-index mirrors the global upward trend in gold prices, in anticipation of this week’s U.S non-farm payrolls reports.

In particular, Newcrest Mining (ASX:NCM) saw an increase of up to 1.3% after announcing a fully franked special dividend of US$1.10.

Northern Star Resources (ASX:NST) is also set for its best day since August 24, if its gains hold up.

Furthermore, Evolution Mining (ASX:EVN) is poised to log its best day since August 30, provided its gains remain.

This year, the sub-index has seen an overall increase of 2.6% up until the last close.

Newcrest Mining is a major Australian mining company specializing in gold.

Known for their sustainable operations, they are one of Australia’s leading mining operations.

Shares in Wildcat Resources (ASX:WC8) rose as much as 7.06% to A$0.455 following an update on its Tabba Tabba acquisition.

The lithium miner confirmed that all necessary approvals for the acquisition of the Tabba Tabba Lithium Tantalum project have been secured.

According to the company, the completion of the acquisition under the agreement is expected to be immediate.

The announcement spurred a significant increase in trade, with roughly 3.2 million shares changing hands, a sizeable diversion from the 30-day average volume of 9.98 million shares.

The stock, which is currently trading above its 50, 100, and 200-day simple moving averages, connotes a bullish sentiment among investors.

The share price has observed an approximate 18-fold increase since the beginning of the year.

Wildcat Resources (ASX:WC8) is a mining company specializing in the exploration and production of lithium.

Shares of mineral explorer S2 Resources (ASX:S2R) have risen as much as 11.8% to A$0.190, reaching their highest level since the first of August.

If the gains hold, this could mark the company’s best day since the end of July.

The company announced that its unit has been granted an exploration license for Greater Fosterville from the Victorian Government.

The license encompasses block 4 of the North Central Victoria Gold ground release.

Additionally, these sites have received heritage clearance granted approval by traditional owners.

Throughout the day, 4.5 million shares have changed hands, in comparison to the 30-day average volume of 223,190.

Including the day’s gains thus far, the stock is up 15.2% year to date.

S2 Resources (ASX:S2R) is a mineral exploration company with a specific focus on gold and base metals.

Westgold Resources (ASX:WGX) has produced 63,104 ounces of gold from its Murchison and Bryah operations in Western Australia for the first quarter.

The mining company still remains on target to deliver its production guidance for the financial year 2024.

The average gold sale price for the Murchison and Bryah operations stood at A$2,888 per ounce for Q1, FY24.

Westgold Resources is an Australian-based company primarily engaged in the mining and production of gold.

Red 5 (ASX:RED) has reported that their production reached 55,009 ounces in September’s quarter, a yield from their King of Hills operation.

The significant output underscores the mining operation’s robust performance during this period.

Red 5 is a mining company primarily engaged in the exploration and production of gold.

Lucapa Diamond (ASX:LOM) made an announcement about the appointment of Nick Selby as their new Chief Executive Officer and Managing Director.

Lucapa Diamond is a global producer and supplier of high-quality diamonds.

PEXA Group (ASX:PXA) saw its shares drop by 1.5% to A$10.93, reaching a record low not seen since June last year.

The Australian digital real estate settlement services company announced plans to acquire Smoove, a UK-based company, for a sum of 31 million pounds ($37.63 million).

This offer equates to a 54 pence per share cash payout for Smoove shareholders.

Smoove’s board unanimously supports the potentially impending deal, set to be financed by PEXA through cash and debt.

The company’s stock has shown a downward trajectory over the recent period, falling by 7.1% this year up until the latest close.

PEXA Group is an Australian-based digital real estate settlement services company.

Shares of Australia’s Garda Diversified Property Fund (ASX:GDF) have seen an increase of up to 6.4% to A$1.16, a remarkable rise if the gains maintain, marking it the most significant rise since May 30.

Garda Diversified Property Fund (ASX:GDF) has reportedly entered into an agreement with Sentinel Property to sell two Melbourne office properties, Botanicca 7 and 9.

The total value of the divestment amounts to around A$80 million.

Garda Diversified Property Fund (ASX:GDF) has stated that the proceeds from this sales agreement will be utilised towards partially repaying their debt facilities.

As a result of this development, the stock has hit its highest levels since September 19, even though the stock had experienced a 16.2% drop this year prior to the latest closing price.

Garda Diversified Property Fund is an Australia-based company focused on office and industrial property within Australia.