Stockhouse Canadian Small and Micro-cap Stock Report for Friday, June 14, 2013 VANCOUVER (SHfn) –
Revolver Resources Inc. (TSX: V.RZ, Stock Forum) soared 50 to 4.5 cents on Friday after the mineral exploration and development company said that it is in the process of completing a NI 43-101 compliant technical report related to an option agreement with Pistol Bay Mining Inc. (TSX: V.PST, Stock Forum), whereby Revolver may earn a 60% interest on the Summit B property in the Iskut area of northwestern British Columbia. The NI 43-101 report will present the result of a rock, soil and silt sampling program that resulted in the recognition of two northwest-oriented gold-arsenic-copper mineralized fault structures yielding high precious metal values such as 17.9 grams per tonne gold and 18.5 grams per tonne silver as well as 10.9 grams per tonne gold and 15.9 grams per tonne silver.
Dolly Varden Silver Corp. (TSX: V.DV, Stock Forum) climbed 6.7% to 16 cents as investors assessed the news that the mineral exploration company had mobilized crews and were working on site to prepare for the 2013 surface drill program at the Dolly Varden property, located 26 kilometres by road from the tidewater at the village of Alice Arm, British Columbia. The drill program is expected to commence near the end of June and operate through the months of July and August. The goal of our drill program is to start to confirm historic resources, which total 14.5 million ounces silver at approximately 10 ounces per ton, find new silver resources at the existing deposits and identify an extensive silver and gold rich target, located just northwest.
Select Canadian Small/Micro-cap Advancers (as of 4:00 PM Eastern) |
Revolver Resources Inc. (V.RZ, Stock Forum) |
50.00% |
Doubleview Capital Corp. (V.DBV, Stock Forum) |
36.84% |
Macro Enterprises Inc. (V.MCR, Stock Forum) |
13.31% |
Zenyatta Ventures Ltd. (V.ZEN, Stock Forum) |
12.38% |
Kirkland Lake Gold Inc. (T.KGI, Stock Forum) |
9.50% |
Select Canadian Small/Micro-cap Decliners (as of 4:00 PM Eastern) |
Cline Mining Corporation (T.CMK, Stock Forum) |
-75.00% |
Lumina Copper Corp. (V.LCC, Stock Forum) |
-11.20% |
TAG Oil Ltd. (T.TAO, Stock Forum) |
-6.83% |
Niko Resources Ltd. (T.NKO, Stock Forum) |
-5.17% |
Dundee Precious Metals Inc. (T.DPM, Stock Forum) |
-4.88% |