TORONTO (SHfn) – Kaminak Gold (TSX: V.KAM, Stock Forum) shares surged 48% to $1.33 on Thursday after the micro cap miner reported assay results from the first two holes drilled on its 100% owned Coffee Project in the Yukon Territory, which included 17.07 grams per tonne (g/t) gold over 15.5 meters.
As well, shares of Eaglewood Energy (TSX: V.EWD, Stock Forum) gained 14% to $1.43 as the oil and gas explorer announced that the Korka-1 well in Papua New Guinea has been drilled to a depth of 3,181 meters and has been prepared to run a seven-inch liner. An 8 1/2 inch hole was drilled through the Leru Formation and into the upper section of the Toro sandstone. Elevated gas readings were observed within the Toro sandstone and preliminary interpretation of log data indicates the likely presence of hydrocarbons.
Alexandria Minerals (TSX: V.AZX, Stock Forum), meanwhile, reported that it has intersected 2.01 g/t gold over 78.77 metres on its Akasaba project near Val d'Or, Quebec. Alexandria stock popped 18% to 22.5 cents.
Shares of TSO3 Inc. (TSX: T.TOS, Stock Forum) shot up 17% to $1.52 after the provider of sterilization technology for medical devices in healthcare settings using ozone said it has shipped the first new 3M Optreoz 125-Z sterilizer with TSO3 STERIZONE Technology to 3M.
And, Kent Exploration (TSX: V.KEX, Stock Forum) Thursday announced assay results from the phase I diamond drill program at Gnaweeda Gold Project in West Australia, which included 18 meters of 11.09 g/t gold. Its shares jumped 12% to 18.5 cents.
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