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Microcap Report: Silver Bear (T.SBR) jumps 32%, Cornerstone (V.CGP) rallies

Stockhouse Editorial
0 Comments| February 27, 2014

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Ximen Mining (TSX: V.XIM, Stock Forum) rose 7.5% to 72 cents after the Vancouver company announced a status update at its wholly-owned Brett Gold Project, located in the North Okanagan region of southwestern British Columbia.

According to a news release, property vendor Running Fox Resource Group (TSX: V.RUN, Stock Forum), holds an approved multi-year permit for surface exploration, including trenching a diamond drilling.

Silver Bear Resources Inc. (TSX: T.SBR, Stock Forum) jumped 34.6% to 17.5 cents, as investors assessed a preliminary economic analysis for its Mangazeisky Silver Project in Yakutia, Russia. The company said in a press release its expects Mangazeisky to produce 2.6 million ounces of silver annually in the first five years of a projected lifespan of 19 years.

Cornerstone Capital Resources Inc. (TSX: V.CGP, Stock Forum) climbed 33.3% to 20 cents on news of drilling results at the Cascabel copper-gold porphyry exploration project in northern Ecuador. Highlights from the Alpala prospect include 1.07% copper, and 1.16 grams gold over 324.3 metres, the company said in a press release.

Select Canadian Small/Micro-cap Advancers (as of 4:00 PM Eastern)
Mooncor Oil & Gas Corp. (V.MOO, Stock Forum) 500.00%
Nevada Sunrise Gold Corporation. (V.NEV, Stock Forum) 106.67%
Rodinia Lithium Inc. (V.RM, Stock Forum) 54.55%
Arctic Hunter Energy Inc. (V.AHU, Stock Forum) 36.36%
Cornerstone Capital Resources Inc. (V.CGP, Stock Forum) 33.33%
Select Canadian Small/Micro-cap Decliners (as of 4:00 PM Eastern)
ProMetic Life Sciences Inc. (T.PLI, Stock Forum) -5.66%
Taseko Mines Limited (T.TKO, Stock Forum) -5.06%
Atlantic Power Corporation (T.ATP, Stock Forum) -4.78%
Silvercorp Metals Inc. (T.SVM, Stock Forum) -4.07%
Torex Gold Resources Inc. (T.TXG, Stock Forum) -4.07%


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