Great Bear Resources (CVE:GBR), a precious metals explorer, rose after releasing drill results from the Dixie Lake Project
Sean Mason | September 7, 2017 | SmallCapPower
High-grade gold results from Red Lake boosted shares of a precious metals explorer Thursday. Here’s some small stocks making big moves on Thursday, September 7, 2017 (as of 4 pm EST):
Great Bear Resources (TSXV: GBR) shares climbed 22% to $0.47 on Thursday after the precious metals explorer announced results from the first five holes of an eight-hole drill program completed on the Dixie Lake Project located in the Red Lake District of Ontario, which included 10.40 metres of 16.84 g/t gold.
Related: Gwen Preston talks about why she likes West Red Lake Gold Mines (CSE: RLG)
As well, shares of ESSA Pharma Inc. (TSX: EPI) surged 44% to $0.56 as the clinical-stage pharmaceutical company said its abstract entitled “EPI-506 (ralaniten acetate), a novel androgen receptor (AR) N-terminal domain (NTD) inhibitor, in men with metastatic castration-resistant prostate cancer (mCRPC): Phase 1 update on safety, tolerability, pharmacokinetics and efficacy” has been selected for a poster presentation at the upcoming 2017 European Society for Medical Oncology Congress.
Heron Resources Limited (TSX: HER), meanwhile, reported the successful completion of its A$141 million Equity Funding as part of the full A$240 million total development funding package for its Woodlawn Zinc-Copper Project in Australia. Heron Resources stock moved up 7% to $0.075 following the announcement.
Finally, Spearmint Resources Inc. (TSXV: SRJ) shares rose 33% to $0.04 after the junior explorer announced that it has acquired a 100% interest in the “EL North” Nickel-Copper Prospect in the Eskay Creek Mining Camp of British Columbia.
Hi, did you know SmallCapPower accepts blog submissions? You can contact me here
Disclosure: Neither the author nor any of the principals at SmallCapPower, or their family members, own shares in any of the companies mentioned above.
The Content contained on this page (including any facts, views, opinions, recommendations, description of, or references to, products or securities) made available by SmallCapPower/Ubika Research is for information purposes only and is not tailored to the needs or circumstances of any particular person. Any mention of a particular security is merely a general discussion of the merits and risks associated there with and is not to be used or construed as an offer to sell, a solicitation of an offer to buy, or an endorsement, recommendation, or sponsorship of any entity or security by SmallCapPower/Ubika Research. To read more of this Disclaimer please click on the button below:
