Junior gold stocks – Some big moves
A couple junior gold exploration stocks have had some tremendous moves this week off drill results.
First off on Tuesday: Cadillac Mining (CQX) reported a nice drill hole at the Goldstrike property in Utah. The stock has a low float out with only 27 million shares outstanding and did over 10 million in volume. The share price moved from 8 cents and closed the day at 29 after touching 50 on the day.
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Cadillac Mining drills 82 m of 1.2 g/t Au at Goldstrike
2012-02-21 06:34 PT – News Release
Mr. Victor Erickson reports
CADILLAC MINING INTERSECTS 1.25 G/T GOLD OVER 82 METERS; CONFIRMS SIGNIFICANT MINERALIZATION AT GOLDSTRIKE
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Today: Gold Standard Ventures (GV) is up 30% today to 1.60. Gold Standard has already traded 4 million in volume.
Gold Standard drills 56.4 m of 4.26 g/t Au at Railroad
2012-02-22 05:32 PT – News Release
Mr. Jonathan Awde reports
GOLD STANDARD DISCOVERS HIGH GRADE GOLD IN UPPER PART OF MAIN TARGET ZONE AT RAILROAD PROJECT IN CARLIN TREND
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It is good to see some hot money flow back into the junior sector and these kind of moves off good exploration results.
Categories: Stock Tips Tags: cadillac mining, drill results, gold standard ventures, gold stocks, junior gold stocks
Penny Mining Stocks update
Hi all,
First thing to note is the market is closed on Monday Feb 20th for Family Day in Canada and Presidents day in the US.
RJX.a had news this week. A gold junior exploration company. I own 30,000 shares at 18 cents. (this is not investment advice. Please do you own research.)
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RJK starts 2,000 m drilling at Blackwater East
2012-02-14 06:45 PT – News Release
Mr. Glenn Kasner reports
RJK BEGINS DRILLING AT BLACKWATER EAST, FILES A NI 43-101 REPORT COVERING THE BLACKWATER EAST & WEST CLAIM GROUPS
RJK Explorations Ltd. has initiated its phase 1, 2,000-metre diamond drill program on the Blackwater East gold property in the Blackwater gold district, located approximately 100 kilometres southwest of Vanderhoof in central British Columbia. The Blackwater East property is contiguous to New Gold Inc.’s Blackwater-Davidson multimillion-ounce gold deposit.
In addition, RJK has filed a National Instrument 43-101 technical report for the Blackwater East and West claim groups on SEDAR, as well as posting it to the company’s website.
RJK also announces that it has added Ian Webster, PGeo, to the exploration team working on its Blackwater gold properties. Mr. Webster has been involved in the mineral exploration industry since 1982, and has extensive experience in Northern British Columbia and Manitoba. He spent 20 years with the B.C. Geological Survey in regional mapping and mineral deposit studies and on the B.C. mineral database MINFILE. In addition, Mr. Webster worked for five years as B.C. inspector of mines, permitting. His formal education consists of Brock University (BSc (honours) geology (1988)), Brock University (BA geography (1977)) and the University of British Columbia (forest engineering diploma (2000)).
WOF news out today (friday)
Woulfe Mining drills 3.9 m of 1.04% WO3 at Sangdong
2012-02-17 06:07 PT – News Release
Mr. Brian Wesson reports
WOULFE MINING REPORTS DRILL RESULTS FOR THE SANGDONG DRILLING PROGRAM
Have a good weekend!
Categories: Stock Tips Tags: family day, markets closed, mining stocks, penny stocks, presidents day, rjk explorations, woulfe mining
