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Junior miner jumps on high grade gold assays

Peter Kennedy Peter Kennedy, Stockhouse Featured Writer
0 Comments| October 26, 2012

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Stockhouse Canadian Small and Micro-cap Stock Report for Friday, Oct. 26, 2012 TORONTO (SHfn) – Benton Resources Inc. (TSX: V.BEX, Stock Forum) jumped 22% Friday to 11 cents. The Thunder Bay, Ont., company said it recently discovered several high grade zones of gold mineralization on its Turtlepond project near Dryden, Ont. The company said two historical shaft zones have now been stripped and the company has identified gold grades ranging from 161 grams per tonne in grab samples and 3.7 grams over three metres in limited channel sampling. Further work is planned as Benton attempts to outline targets for diamond drilling.

Integra Gold (TSX: V.ICG, Stock Forum)rose 13% to 26 cents after the junior said it has begun a 10,000-metre drill program on the Lamaque gold project near Val d’Or, Que. The company said it is focusing on a high priority target known as the No. 5 Plug, located near the project’s northern boundary, about 550 metres south of the Sigma Mine, which produced 4.8 million ounces of gold. Integra said near-surface drilling by Teck Resources Ltd. (TSX: T.TCK.A, Stock Forum) (TCK: T.TCK.B, Stock Forum), returned gold mineralization with intercepts as high as 198 grams per tonne gold.

Top Canadian Small/Micro-cap Advancers (as of 4:00 PM Eastern)
Global Key Investment Limited (V.GKL, Stock Forum) 185.71%
Hamilton Thorne Ltd. (V.HTL, Stock Forum) 150.00%
Excellium Inc. (V.XLM, Stock Forum) 114.29%
Artaflex Inc. (V.ATF, Stock Forum) 87.50%
Golconda Resources Ltd. (V.GA, Stock Forum) 85.71%
Top Canadian Small/Micro-cap Decliners (as of 4:00 PM Eastern)
Canadian Arrow Mines Limited (V.CRO, Stock Forum) -40.00%
GFK Resources Inc. (V.GFK, Stock Forum) -38.10%
Desert Eagle Resources Ltd. (V.DER, Stock Forum) -34.62%
Q-Gold Resources Ltd. (V.QGR, Stock Forum) -33.33%
Iconic Minerals Ltd. (V.ICM, Stock Forum) -30.00%


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