Stockhouse Canadian Small and Micro-cap Stock Report for Tuesday, February 22, 2011
TORONTO (SHfn) – Rockcliff Resources (TSX: V.RCR, Stock Forum) shares climbed 12% to 23.5 cents on Tuesday after the micro cap explorer said it has signed an option agreement to acquire a 100% interest in the former producing Dickstone VMS (copper-zinc) Mine located 30km west of Snow Lake, Manitoba, from Xstrata Copper Canada.
As well, shares of Running Fox Resources (TSX: V.RUN, Stock Forum) shot up 28% to 27.5 cents as the junior miner reported that it has received formal Toronto Stock Exchange-Venture approval for its agreement to acquire the remaining 50% of the Brett Gold Project in southeastern British Columbia.
Malbex Resources (TSX: V.MBG, Stock Forum), meanwhile, announced results from two holes at the Rojo Grande target on its Del Carmen gold-silver project in Argentina, which included five metres grading 48.34 grams per tonne (g/t) gold and 15.4 g/t silver. Malbex stock popped 18% to 94 cents.
And, Quantum Rare Earth Developments (TSX: V.QRE, Stock Forum) Tuesday reported results of its 2010 re-sampling program of historic core from the Elk Creek Niobium/Rare Earth Project in Nebraska. Quantum Rare Earth shares surged 30% to 65 cents.
| Top Canadian Small/Micro-cap Advancers (as of 4 PM Eastern) |
| Top Canadian Small/Micro-cap Decliners |
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