| |
PENNY STOCKS IN PLAY (CANADIAN)
4:25 EST - Taranis Resources Inc. : announced further advancement of
its exploration activities relating to the Thor volcanogenic massive sulphide
deposit located southeast of Revelstoke, British Columbia. Taranis has been able
to acquire through staking and owns 100% a number of Mineral Tenures (1,023
hectares) around the Thor property that are prospective for mineral deposits, as
well as for potential exploitation activities. Taranis Resources Inc.
(TSX
VENTURE:TRO) shares closed even at
$0.455.
4:27 EST - Chapleau Resources Ltd. : announced that the Company
intersected further encouraging copper mineralization at the La Yegua porphyry
copper-gold project in Peru. Geochemical results for the last two holes, #6 and
#7, have been received. Hole #7, drilled approximately 315.0 m east of Hole #1,
intersected 114.0 m of 0.24 % copper with 0.03 g/t gold from 18.0 to 134.0 m.
Included in the 114.0 m of copper mineralization was an interval of 11.0 m of
0.62 % copper and 0.10 g/t gold from 75.0 to 86.0 m. Chapleau
Resources Ltd.
(TSX
VENTURE:CHI) shares closed up $0.03 at
$0.35.
11:41 EST - Pure Technologies Ltd. : announced that it has purchased
Price Brothers Limited (PBUK) from Hanson Pressure Pipe, Inc. for cash
consideration of US$3.25 million. Based in Weybridge, Surrey, PBUK is a
specialty engineering company active in the water resources sector. For its
fiscal period ended December 31, 2007, PBUK's revenues were approximately $4
million. The transaction is expected to be immediately accretive to Pure's
revenue and earnings. Pure Technologies Ltd.
(TSX
VENTURE:PUR) shares are trading even at
$3.00.
11:43 EST - Medoro Resources Ltd. : announced that drilling has commenced
on the eastern sector of the company's Sindo property in Mali. A first drilling
phase is aimed at checking at depth the gold occurrences contained within two
highly anomalous areas in the vicinity of extensive artisanal workings. The
program consists of 20 diamond drill holes for a planned total of 3,500 metres
to check the continuity of a 1,500 metre long anomaly (Koulouba and Kilotadacoun)
and a 2,000 metre long anomaly at (Belinimorokoulou, Dadjan, and Gontoule).
Medoro Resources Ltd.
(TSX
VENTURE:MRS) shares are trading up $0.02 at
$0.30.
YESTERDAY'S PENNY STOCKS IN PLAY
4:20 EST - Fortune River Resource Corp. : announced that preliminary
gold assays in hole WM08018 confirm the presence of a significant new gold
deposit at the former producing heap leach Wind Mountain project and that an
initial twelve hole drill program has been completed at the East Manhattan
project. Preliminary gold assays for hole WM08018, the first hole of the current
drilling campaign, returned a 102.1 metre interval averaging 0.691 g/t Au
beginning at a depth of 187m and included two higher grade intervals of 7.6m of
1.5 g/t Au and 4.6m of 1.1 g/t Au. Silver values are pending. Fortune
River Resource Corp.
(TSX
VENTURE:FRX) shares closed down $0.03 at
$0.51.
4:30 EST - Hana Mining Ltd. : announced results from ten new holes
completed as part of its ongoing 10,000 meter diamond drilling program at its
sediment-hosted Ghanzi Copper-Silver Project in Botswana, Africa which confirm
the large potential of the prospect. Highlights from Zone 1 include 13.0 meters
grading 2.69 %Copper, 52.64 g/t Silver, 423 ppm Molybdenum and 1.74 g/t Rhenium
in hole HA-17-D. Highlights from Zone 2 include 17.0 meters grading 1.49 %Copper
and 24.04 g/t Silver in hole HA-20-D, 11.0 meters grading 1.38 %Copper and 17.20
g/t Silver in HA-22-D, 10.0 meters grading 1.17 %Copper and 17.34 g/t Silver in
HA-23-D and 9.3 meters grading 1.46 %Copper and 20.34 g/t Silver in HA-27-D.
Hana Mining Ltd.
(TSX
VENTURE:HMG) shares closed up $0.05 at
$0.57.
11:35 EST - Murgor Resources Inc. : announced the assay results from
exploration borehole HVS-08-44 at the Hudvam copper-gold-zinc-silver deposit in
Manitoba. Assay results included 2.17 g/t Gold, 1.11% Copper, 0.76% Zinc, 13.30
g/t Silver over 5.82 metres. Murgor Resources Inc.
(TSX
VENTURE:MGR) shares are trading up $0.085 at
$0.51. Shares are trading up 20
per cent on the day.
11:39 EST - Geo Minerals Ltd. : announced that they have recently
received over-limit assay results from a Drill Core Re-sampling Program
conducted on its 100% owned Scotia poly-metallic volcanogenic massive sulphide
property that include 21.65 meters of 10.16% Zinc, 1.14% Lead and 17.7 g/t
Silver at a depth of approximately 21 meters. Geo Minerals Ltd.
(TSX
VENTURE:GM) shares are trading up $0.005 at
$0.135.
| Webmasters: Looking for free content on
your website,
click here. |
|
|
