Gold Junior Shines on Drill Results

African Gold Group, Inc. (TSXV:AGG), a gold junior, jumped after announcing drill results from its Kobada Gold Project

Sean Mason | April 3, 2020 | SmallCapPower

Drill results out of Africa boosted shares of a gold junior Friday. Here’s some small stocks making big moves on Friday, April 3, 2020 (as of 4 pm EST):

African Gold Group, Inc. (TSXV:AGG) shares surged 41% to $0.225 on Friday after the gold junior announced new drill results from its Kobada Gold Project in Mali, which included 2.14 grams per tonne (g/t) gold over 16.0 meters.

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As well, shares of Prime Mining Corp. (TSXV:PRYM) gained 9% to $0.41 as the resource junior released an updated mineral resource estimate for its Los Reyes Oxide Gold and Silver Project in Mexico, which showed 833,082 Measured & Indicated gold equivalent ounces at 1.31 g/t in addition to 261,132 Inferred gold equivalent ounces at 1.14 g/t.

Relevium Technologies Inc. (TSXV:RLV) stock, meanwhile, continued to move higher Friday, up 57% to $0.055 following a 250% gain on Thursday, after reporting that it has sourced and will begin commercializing a line of Bioganix hand sanitizers.

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

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