Gold Junior Jumps on Assay Results

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Osprey Gold Development Ltd. (TSXV:OS), a gold junior, after announcing further drill results from the Caribou Gold Project

Sean Mason | November 20, 2018 | SmallCapPower

More drill results from a gold junior caught the attention of a few speculators Tuesday. Here’s some small stocks making big moves on Tuesday, November 20, 2018 (as of 4 pm EST):

Osprey Gold Development Ltd. (TSXV:OS) shares climbed 22% to $0.055 on Tuesday after the gold junior announced further drill results from its ongoing 2018 exploration program underway at the Caribou Gold Project in Nova Scotia, which included 70.57 metres of 1.58 grams per tonne (g/t) gold.

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As well, shares of GT Gold Corp. (TSXV:GTT) sank 32% to $1.10 as the gold explorer released assay results for the latest two holes from the Saddle North discovery at its wholly-owned Tatogga property in BC’s Golden Triangle, which included 0.40 g/t gold, 0.26% copper, and 1.03 g/t silver over 685.00 metres.

Northern Dynasty Minerals Ltd. (TSX:NDM), meanwhile, reported that the Pebble Limited Partnership has finalized a Right-of-Way Agreement with Alaska Peninsula Corporation, securing access to the Pebble Project site for construction and operation of the proposed mine. Northern Dynasty Minerals stock moved up 10% to $0.99 following the announcement.

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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