Stockhouse Canadian Small and Micro-cap Stock Report for Tuesday, June 28, 2011
TORONTO (SHfn) – Grande Portage Resources (TSX: V.GPG, Stock Forum) shares jumped as much as 21% to 17 cents on Tuesday after the micro cap miner reported the completion of its first diamond core hole (11E-1) of the 2011 drill campaign at its Herbert Glacier project in Alaska. Initial inspection showed visible gold in several locations throughout the mineralized intercepts.
As well, shares of Integra Gold (TSX: V.ICG, Stock Forum) continued to slide Tuesday, falling 21% to 31 cents. On Monday, the company announced the completion of a NI 43-101 Technical Mineral Evaluation Report for the Lamaque Property in Quebec, which showed an Inferred resource of 2,114,742 tonnes, average grade 5.67 grams per tonne (g/t), for 385,656 ounces gold, as well as an Indicated resource of 659,959 tonnes, average grade 4.80 g/t, for 101,794 ounces gold. It shares ended Monday’s trading session down 30%.
Sama Resources (TSX: V.SME, Stock Forum), meanwhile, reported it has entered into a non-brokered private placement with MMR Exploration Limited (a subsidiary of Minmetals Resources Limited (HKSE 1208)) of 3,650,000 units at a price of 60 cents per unit, for total gross proceeds of $2.19 million. Sama stock popped 18% to 47 cents.
And, Northcore Technologies (TSX: T.NTI, Stock Forum) Tuesday announced the launch of Discount This Holdings Inc. (Discount This) microsite. The microsite is a pre-launch site that allows Discount This' clientele to directly influence the selection of the first offerings available through the Discount This Group Purchasing Platform. Northcore shares rose as much as 29% to 35 cents.
| Top Canadian Small/Micro-cap Advancers (as of 4 PM Eastern) |
| Top Canadian Small/Micro-cap Decliners |
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