Gold Explorer Soars on Assay Results

GFG Resources Inc. (TSXV:GFG), a gold explorer, jumped after announcing drill results at its Pen Gold Project

Sean Mason | April 6, 2020 | SmallCapPower

Northern Ontario drill results powered shares of a gold explorer Monday. Here’s some small stocks making big moves on Monday, April 6, 2020 (as of 4 pm EST):

GFG Resources Inc. (TSXV:GFG) shares surged 106% to $0.185 on Monday after the gold explorer announced drill results at the Nib Prospect at its 100% owned Pen Gold Project located 40 kilometres west of the Timmins Gold District in Ontario, which included 71.27 grams per tonne (g/t) gold over 8.5 metres.

Win Big With Our Small Cap Picks


As well, shares of Tinkerine Studios Ltd. (TSXV:TTD) climbed 22% to $0.28 as the provider of 3D printing products said Health Canada has approved the Company’s manufacturing facility to manufacture Class 1 medical products that includes the Tinkerine face shield medical device.

Relevium Technologies Inc. (TSXV:RLV), meanwhile, reported that it has launched a pre-order platform where customers can purchase in advance and reserve its new line of Cleancare hand sanitizers by Bioganix. Relevium Technologies stock moved up 18% to $0.065 following the announcement.

Finally, Tetra Bio-Pharma Inc. (TSXV:TBP) shares rose 7% to $0.245 after the cannabinoid-derived drug discovery and development company announced that the U.S. Food & Drug Administration has granted the Company’s request for a Type B meeting related to its proposed clinical program and overall premarketing requirements for the Company’s product HCC011 with Orphan Drug Designation. HCC011 is an inhaled delta-9-tetrahydrocannabinol formulation to be developed as an adjunct treatment to first-line therapy to improve disease control in inoperable, advanced hepatocellular carcinoma patients.

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

Hi, did you know SmallCapPower accepts blog submissions? You can contact me here

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

To read our full disclosure, please click on the button below: