Stockhouse Canadian Small and Micro-cap Stock Report for Monday, August 22, 2011
TORONTO (SHfn) – Tawsho Mining (TSX: V.TAW, Stock Forum) shares climbed 44% to 36 cents on Monday after the micro cap miner reported that it has completed 11 drill holes during its summer 2011 drill campaign on its Whisker Valley Gold Project in Newfoundland, which included an average grade of 47.3 grams per tonne (g/t) gold over an interval of 0.15 metres.
As well, shares of North American Nickel (TSX: V.NAN, Stock Forum) shot up 29% to 18 cents as the junior explorer said it has begun exploration on the Bell Lake quartz diorite offset dyke about 50 km from Sudbury, Ontario.
Driven Capital (TSX: V.DVV, Stock Forum), meanwhile, announced that it has received preliminary analytical results from its sampling and trenching program and has begun a shallow drilling program at its 100% optioned Lyn Silver Project in the Yukon. The first 100 samples submitted have assayed up to 2,770 g/t silver and 26.3% zinc. Driven Capital stock popped 19% to 19 cents.
And, Prophecy Platinum (TSX: V.NKL, Stock Forum) Monday reported drill results received from its 2011 drilling program for its first completed hole on the Wellgreen Project in the Yukon, which included 49.5 meters of 1.27 g/t Platinum Group Metals (PGM) + gold, 0.71% nickel, 0.45% copper. Prophecy Platinum shares added 10% to $4.63.
| Top Canadian Small/Micro-cap Advancers (as of 4 PM Eastern) |
| Top Canadian Small/Micro-cap Decliners |
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