Massive Sulphide silver/zinc assays generated plenty of excitement in shares of a resource explorer Monday. Here’s some small stocks making big moves on Monday, October 29, 2018 (as of 4 pm EST):
Cantex Mine Development Corp. (TSXV:CD) shares skyrocketed 317% to $0.75 on Monday after the resource explorer announced drill results from the Massive Sulphide zone on its 100% owned North Rackla claim block in the Yukon, which included 22 metres of 122.6 g/t silver, 6.74% lead and 10.27% zinc.
As well, shares of Grande Portage Resources Ltd. (TSXV:GPG) slid 16% to $0.21 as the gold junior released additional results from its recently-completed drill program on the Herbert Gold project in Alaska, which included 6.29 metres grading 15.69 g/t gold.
Prophecy Development Corp. (TSX:PCY), meanwhile, reported the appointment of Ron Espell as the Company’s Vice-President, Environmental and Sustainability, effective November 14, 2018, to lead the environmental permitting efforts for the Company’s Gibellini vanadium project in Nevada. Mr. Espell is the former Corporate Environmental Director at McEwen Mining Inc. Prophecy Development stock moved up 10% to $0.53 following the announcement.
Finally, HAWKEYE Gold & Diamond Inc. (TSXV:HAWK) shares rose 10% to $0.055 after the junior explorer announced that it has acquired a 100% interest in the 1,360 hectare Klappan Property, which is situated contiguous to the eastern boundary of HAWKEYE’s McBride Property in B.C.’s Golden Triangle district, in exchange for $3,000 and 100,000 HAWKEYE common shares.
Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.
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Cantex Mine Development Corp. (TSXV:CD) shares skyrocketed 317% to $0.75 on Monday after the resource explorer announced drill results from the Massive Sulphide zone on its 100% owned North Rackla claim block in the Yukon, which included 22 metres of 122.6 g/t silver, 6.74% lead and 10.27% zinc.
