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Junior miner jumps on silver/zinc grades

Sean Mason Sean Mason, Freelance
0 Comments| June 13, 2011

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Stockhouse Canadian Small and Micro-cap Stock Report for Monday, June 13, 2011

TORONTO (SHfn) – ATAC Resources (TSX: V.ATC, Stock Forum) shares climbed 17% to $7.10 on Monday after the miner reported that it has made what it called a “significant” silver-lead-zinc discovery at the Ocelot target within the Rau Trend in the western portion of its 100% owned Rackla Gold Project in the Yukon, which included 145.43 grams per tonne (g/t) silver, 3.36% lead, and 11.65% zinc across 41.72 metres.

As well, shares of 01 Communique Laboratory (TSX: T.ONE, Stock Forum) shot up 22% to 71 cents as the provider of remote access services said that it and Wi-LAN Inc. (TSX: T.WIN, Stock Forum) have entered into an agreement that will see WiLAN assist 01 Communique in the licensing of 01 Communique's patents related to remote access technology for a number of specified licensees.

Noveko International (TSX: T.EKO, Stock Forum), meanwhile, announced that its subsidiary Noveko Inc. has been granted a Supplemental Type Certificate allowing the installation of filters incorporating its Noveko filtration technologies into the Airbus 330 series aircraft. Noveko stock popped 40% to 58 cents.

And, ARISE Technologies (TSX: T.APV, Stock Forum) Monday reported that its Silicon Division had reached an important milestone in the advancement of its silicon program, successfully producing more than 400 kilograms of 7N+ purity silicon. In addition the company recently took delivery of Silicon Refining Furnace version 4.1, which is needed to scale up its silicon production. ARISE shares rose 18% to 10 cents.

Top Canadian Small/Micro-cap Advancers (as of 1:30 PM Eastern)
Top Canadian Small/Micro-cap Decliners

To read more articles by Sean Mason please click here



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