The Solis Minerals Ltd (ASX: SLM) and Antilles Gold Ltd (ASX: AAU) share prices jumped higher on the last trading day of May.

Let's take a look at what impacted these two ASX mining shares.

Solis Minerals

The Solis Minerals share price finished 103% higher today at 28.5 cents. Solis shares skyrocketed amid news the company has signed a binding agreement to acquire the Jaguar Lithium Project in Brazil.

ASX lithium share Latin Resources, Solis' biggest shareholder, will provide "exploration guidance and country experience" to Solis.

The Jaguar project has shown spodumene grades in oxidised pegmatite of up to 4.95% lithium oxide from rock chip samples.

Commenting on today's news, executive director Matthew Boyes said:

Brazil is fast becoming a significant player in the hard rock lithium space. Solis's primary objective is to quickly position itself by acquiring highly prospective underexplored projects in the northeast of Brazil.

The Jaguar pegmatite hosts confirm LCT-bearing pegmatites with some of the coarsest and most abundant spodumene occurrences I have seen.

These tenements in what may be a new Lithium province are a fantastic addition to our already large tenement position in the northeast of Brazil, and with drilling to commence immediately, I am excited by this opportunity to better understand the potential of this very exciting system.

Antilles Gold

Antilles Gold shares soared 12% on the market today despite no news from the company. The company explores for gold, copper, and other metals.

Overnight, the gold price lifted by 1.4% to US$1959.59. Commenting on the price, ANZ senior economist Adelaide Timbrell said, in a research note, today:

Gold gained as US Treasury yields slumped on hopes the US congress will approve a debt ceiling deal that will avert a default.

Gold is currently up 0.1% to US$1,960 an ounce, according to CNBC.

Antilles Gold recently provided a drilling update on the El Pilar copper, gold, and porphyry deposit in central Cuba.

The company has completed 2,000 metres of a 7,000-metre drilling campaign at the gold and copper oxide zone.

Antilles plans to report assay results to the market sometime this week.

The post 2 ASX mining shares that soared on Wednesday — one more than 100% appeared first on The Motley Fool Australia.

Three such shares are listed below. Here's why they are smashing the market today:

Atlantic Lithium Ltd (ASX: A11)

The Atlantic Lithium share price is up 15% to 81 cents. This follows the release of drilling results by the Ghana-based lithium explorer this morning. CEO Lennard Kolff commented: "The latest infill drilling results from within the current Resource at the Ewoyaa Main deposit have returned multiple high-grade pegmatite intervals over 1.5% Li2O and up to 95m long with the hole ending in mineralisation, providing further confidence in future Resource to Reserve conversion."

Antilles Gold Ltd (ASX: AAU)

The Antilles Gold share price is up 15% to 4.6 cents. This is despite there being no news out of the gold explorer. Though, it is worth noting that the company's shares crashed lower on Tuesday and have now rebounded back to previous levels. That decline appears to have been triggered by Antilles Gold's quarterly update, which revealed a cash balance of just $2.8 million at the end of September. Based on its quarterly spending, this equates to 1.23 quarters of available funding.

Winsome Resources Ltd (ASX: WR1)

The Winsome Resources share price is up a massive 46% to 76 cents. After the market close on Tuesday, the lithium explorer released further data from its Adina project in Quebec, Canada. That data was very positive and complements the significant pegmatite intercepts announced last week. Investors appear optimistic that Winsome could be sitting on a sizeable mineral resource. Management advised that samples and cores have been dispatched for analysis and laboratory results which will be reported in full in a future report.

The post 3 ASX resources shares leaping over 15% today appeared first on The Motley Fool Australia.