Can you believe this was 5 days ago? You would think the way the stock is trading that a 'significant' mineral discovery of tantalum happened about 5 years ago, or to another company and not this one.
Seems like a good reminder:
The Laval, Que.-based company's stock (TSXV:EFG) moved ahead three cents to 35 cents in Wednesday morning trading on the TSX Venture Exchange.
The rise came after First Gold said exploratory drilling found a near surface tantalum-rich zone that "returned significant results for three holes."
Tantalum is a metal that can be used to make capcitors for electrical devices, artifical joints and dental applications as well as tools that operate at high speeds and temperatures.
"With its particularly high grades, this showing will enable us to rapidly increase the size of our tantalum deposit for the Rose project at a low cost." said president and CEO Jean-Sebastien Lavallee in a release.