Gold Micro Cap Stock Jumps on New Discovery

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Goldstrike Resources Ltd. (CVE:GSR), a gold micro cap stock, moved up after announcing a “significant new gold discovery” at Plateau South in the Yukon

Sean Mason | July 5, 2016 | SmallCapPower

A gold micro cap stock’s potential new discovery sparked much speculation Tuesday. Here’s some small stocks making big moves on Tuesday, July 5, 2016 (as of 4 pm EST):

Gold micro cap stock Goldstrike Resources Ltd. (CVE:GSR) climbed 24% to $0.235 on Tuesday after announcing that initial prospecting and mapping has already resulted in what the Company called a “significant new gold discovery” at Plateau South in the Yukon, 4 kilometres from and on trend with the Goldstack Zone.

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As well, shares of Potash Ridge Corporation (TSE:PRK) slipped 10% to $0.235 as the fertilizer project developer said SNC-Lavalin has been engaged for the first phase of an Engineering, Procurement and Construction program for the Valleyfield project in Quebec.

Intermap Technologies Corporation (TSE:IMP), meanwhile, provided an update on its previously-announced $175 million contract for the creation, operation and maintenance of a national spatial data infrastructure program. The Company said it has been advised by the client that the financing process is in its final phase with a leading multilateral financial institution, and Intermap is scheduled to receive a $12 million down payment upon the closing of the project financing. Intermap Technologies stock moved up 33% to $0.30 following the announcement.

Finally, Pacific Imperial Mines Inc. (CVE:PPM) shares gained 75% to $0.035 after the mineral exploration company announced that it has acquired, by staking, a 100% interest in the Eagle Mountain Lithium prospect located in California.

See more Small and Micro Cap Market Movers Daily from Sean Mason. Tomorrow’s big stock market winners could be found here today!

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