Stockhouse Canadian Small and Micro-cap Stock Report for Wednesday, January 25, 2012
TORONTO (SHfn) – Seafield Resources (TSX: V.SFF, Stock Forum) shares surged 32% to 22.5 cents on volume of more than six million shares Wednesday after the micro cap explorer reported additional drill results from the current diamond drilling program at its Miraflores Deposit in Colombia, which included 167.75 metres of 1.05 grams per tonne (g/t) gold.
As well, shares of Armistice Resources (TSX: T.AZ, Stock Forum) moved up 18% to 22.5 cents as the junior miner announced results of definition diamond drilling at its McGarry gold mine in Ontario's Kirkland Lake area, which included 19.2 feet of 1.08 ounces per ton (36.9 grams per tonne) gold.
Kilo Goldmines (TSX: V.KGL, Stock Forum), meanwhile, reported results from five diamond drill holes drilled by Rio Tinto Mining and Exploration Limited on the Asonga Prospect of the Kilo/Rio Tinto iron ore joint venture in the Democratic Republic of Congo, which included 73.5 meters containing 66.6% iron. Kilo Goldmines stock popped 14% to 21 cents.
And, Hudson River Minerals (TSX: V.HRM, Stock Forum) Wednesday announced assay results from the recent drill program on its Forge Lake gold property located 32 km northeast of Wawa, Ontario, which included 3.25 g/t gold over 12.7 metres. Hudson River shares powered 189% higher to 13 cents on more than 15 million shares traded.
| Top Canadian Small/Micro-cap Advancers (as of 4 PM Eastern) |
| Top Canadian Small/Micro-cap Decliners |
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