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Junior miner powers higher on gold results

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

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Stockhouse Canadian Small and Micro-cap Stock Report for Thursday, October 13, 2011

TORONTO (SHfn) – Volta Resources (TSX: T.VTR, Stock Forum) shares surged 15% to $1.32 on Thursday after the gold junior reported additional drill results from its on-going program (Phase 3) at its Kiaka Gold Project in Burkina Faso, which included 121.15 metres of 2.10 grams per tonne (g/t) gold.

As well, shares of Curis Resources (TSX: T.CUV, Stock Forum) gained 24% to $1.52 as the mineral development company announced results from drill hole CMH11-06 completed at the Florence Copper project in Arizona, which included 329.3 feet of 0.58% total copper.

Macarthur Minerals (TSX: V.MMS, Stock Forum), meanwhile, said its common shares will be listed and begin trading on the Toronto Stock Exchange at the opening of the market on Friday, October 14, 2011. Macarthur Minerals stock popped 8% to $1.35.

And, Compass Petroleum (TSX: V.CPO, Stock Forum) Thursday reported that its Board of Directors has determined to consider a range of strategic alternatives, with a view to enhancing shareholder value. Compass Petroleum shares added 12% at $1.34.

Top Canadian Small/Micro-cap Advancers (as of 4:00 PM Eastern)
Top Canadian Small/Micro-cap Decliners

To read more articles by Sean Mason please click here



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