Gold Explorer Shines on Assay Results

Published:

Aurelius Minerals Inc. (TSXV:AUL), a gold explorer, powered up after announcing assay results from its Mikwam Property

Sean Mason | October 23, 2018 | SmallCapPower

Gold drill results caught the attention of more than a few gold explorer speculators Tuesday. Here’s some small stocks making big moves on Tuesday, October 23, 2018 (as of 4 pm EST):

Aurelius Minerals Inc. (TSXV:AUL) shares shot up 57% to $0.055 on Tuesday after the gold explorer announced assay results from three additional holes from the recently-completed 17-hole (3,923 metre) Phase Two drilling program at its Mikwam Property in Ontario’s Abitibi Greenstone Belt, which included 7.1 grams per tonne (g/t) gold over 26.1 metres.

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As well, shares of Trevali Mining Corporation (TSX:TV) slid 18% to $0.52 as the zinc miner said it has downgraded its 2018 production guidance for the Caribou mine due to challenging rock mass conditions.

Symbility Solutions Inc. (TSXV:SY), meanwhile, reported that it has agreed to be acquired by CoreLogic, Inc. (NYSE:CLGX) for C$0.615 per share in cash. Symbility Solutions stock popped 23% to $0.60 following the announcement.

Finally, Correvio Pharma Corp. (TSX:CORV) shares jumped 25% to $5.09 after the specialty pharmaceutical company announced that, based on productive pre-NDA discussions with the U.S. Food and Drug Administration (FDA), it plans to resubmit the Brinavess (vernakalant hydrochloride, IV) New Drug Application during the second quarter of 2019.

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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Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.

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