On Monday, Aurion Resources (TSX: V.AU, Stock Forum) shares climbed 17% to 49 cents after the micro cap explorer reported that recent reconnaissance rock chip sampling at its 4300 hectare Logan Pass property in Nevada has returned assays of up to 19.3 grams per tonne (g/t) gold from a previously undocumented gold prospect located in the northeast of the property.
Diamonds North Resources (TSX: V.DDN, Stock Forum), meanwhile, announced that it has acquired 100% interest in the Esker gold property in Nunavut. The Esker claim covers several kilometres of gold bearing stratigraphy. Drill intercepts of gold mineralization are as high as 8.2 g/t gold over 13 metres. Diamonds North stock popped 20% to 15 cents.
In Tuesday trading, Trevali Mining (TSX: T.TV, Stock Forum) shares jumped 11% to $1.40 after the micro cap miner reported the receipt of additional results from its metallurgical drill program of the Upper Zone at its Halfmile Zinc-Lead-Silver-Copper Deposit in New Brunswick, which included 2.63 metres at 10.28% zinc, 3.30% lead, 0.26% copper, 72 grams per tonne (g/t) silver & 0.53 g/t gold.
As well, shares of Fjordland Exploration (TSX: V.FEX, Stock Forum) moved up as much as 11% to 20 cents as the explorer and Cariboo Rose Resources (TSX: V.CRB , Stock Forum), 60%-40% partners in the Woodjam Joint Venture (WJV), and Gold Fields Limited's exploration company Gold Fields Horsefly Exploration Corporation (Gold Fields), said they have signed an option agreement with private vendors for the 625-hectare Magalloy-Magex Property in British Columbia. For the option to acquire a 100% interest in the Magalloy 1-14 and Magex 1-12 mineral claims, Gold Fields, on behalf of the WJV, will make cash payments to the vendors totaling $300,000 over a four-year term and will reserve a 1.5% net smelter royalty for the vendors that may be purchased outright for a cash payment of $1.5 million.
Wednesday’s market action saw shares of Vena Resources (TSX: T.VEM, Stock Forum) surge as much as 20% to 30 cents after the micro cap explorer reported additional drill results from the continuing exploration program at the Esquilache project in Peru, which included 22.0 metres grading 348.4 grams per tonne (g/t) silver and 0.93 g/t gold.
Also, shares of H2O Innovation (TSX: V.HEO, Stock Forum) gained as much as 17% to 30.5 cents as the water treatment solutions company said it has been awarded a $9.4 million contract by Fort Hills Energy L.P. for the Fort Hills Oil Sands Project operated by Suncor Energy Operations. This contract will see H2O Innovation design, build, install, and commission a water treatment package that will provide potable water for the workers of Fort Hills Project currently in development 90 kilometers north of Fort McMurray, Alberta.
On Thursday, Trade Winds Ventures (TSX: V.TWD, Stock Forum) shares powered as much as 12% higher to 23.5 cents on Block A Joint Venture project (50% Trade Winds/50% Detour Gold), located adjacent to Detour Gold's Detour Lake gold project in northeastern Ontario, which included 4.37 grams per tonne (g/t) gold over 15.0 metres.
In addition, shares of Avion Gold (TSX: T.AVR, Stock Forum) added 7% at $1.58 as the junior explorer announced results of drilling carried out over the Vindaloo area on the Hounde Project in Burkina Faso, West Africa, which included 2.80 g/t gold over 53.7 metres.
And, in Friday trading,Silver Bear Resources (TSX: T.SBR, Stock Forum) shares climbed 13% to 81 cents on Friday after the micro cap explorer said it will complete a Preliminary Economic Assessment (PEA) at its 100% owned Mangazeisky silver project in Russia early in the third quarter of 2011, to assess the viability of advancing the project towards production based on its current scale. The company will also expand its exploration program for 2011 to include a drilling program of 15,000 metres. In addition, Silver Bearnarrowed its first-quarter net loss to $0.8 million, or two cents a share, from $1.1 million, or three cents a share, a year earlier.
Finally, shares of Poynt (TSX: V.PYN, Stock Forum) rose 15% to 15 cents as the mobile local advertiser announced that it and Wi-LAN Inc. (TSX: T.WIN, Stock Forum) have entered into a partnership that will see WiLAN assist Poynt in the licensing of Poynt's portfolio of patents related to Internet advertising.