Junior Explorer Shines on Precious Metals Results

Published:

Scottie Resources Corp. (TSXV:SCOT), a junior explorer, jumped following drill results from the Bow Property

Sean Mason | January 3, 2020 | SmallCapPower

Golden Triangle drill results powered shares of a junior explorer Friday. Here’s some small stocks making big moves on Friday, January 3, 2020 (as of 11:30 am EST):

Scottie Resources Corp. (TSXV:SCOT) shares climbed 11% to $0.21 on Friday after the junior explorer announced drill results from the Bow Property in British Columbia’s Golden Triangle region, which included 73.32 g/t gold and 71.01 g/t silver over 4.38 metres core length.

Win Big With Our Small Cap Picks

 

As well, shares of Canada Cobalt Works Inc. (TSXV:CCW) rose 5% to $0.69 as the resource junior said  initial assay results from multi-directional and very short underground drill holes on the western side of the Castle mine have revealed what the Company calls “unexpected high-grade gold in addition to more high-grade cobalt, silver and nickel.”

ENTREC Corporation (TSX:ENT), meanwhile, reported that it has completed its previously-announced sale of its Canadian crane business and assets to Sterling Crane, a Berkshire Hathaway company, for a total of $21.2 million in cash less certain holdback amounts. ENTREC stock moved up 13% to $0.085 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!

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:

Related articles

Recent articles