Silver Junior Shines on Drill Results

Published:

Kootenay Silver Inc. (TSXV:KTN), a silver junior, gained ground after announcing assay results from the Copalito silver-gold project

Sean Mason | July 22, 2020 | SmallCapPower

Mexican drill results generated a bit of buying interest in shares of a silver junior Wednesday. Here’s some small stocks making big moves on Wednesday, July 22, 2020 (as of 11:30 am EST):

Kootenay Silver Inc. (TSXV:KTN) shares climbed 13% to $0.445 on Wednesday after the silver junior announced assay results from three new drill holes at the Copalito silver-gold project in Mexico, which included 3.2 meters of 1,297 grams per tonne (g/t) silver.

Win Big With Our Small Cap Picks

 

As well, shares of Aston Bay Holdings Ltd. (TSXV:BAY) slid 25% to $0.09 as the junior explorer released results from Phase 1 of the 2020 diamond drill program at its Buckingham Gold Property in Virginia, which included 5.81 g/t gold over 6.29 metres.

New Placer Dome Gold Corp. (TSXV:NGLD), meanwhile, reported that it has begun its 3,500 metre reverse circulation discovery drill program at the Bolo gold-silver project in Nevada. New Placer Dome stock moved up 13% to $0.88 following the announcement.

Finally, Blackrock Gold Corp. (TSXV:BRC) shares jumped 14% to $1.03 after the gold explorer announced that Eric Sprott has agreed to invest C$5 million into the Company via a non-brokered private placement at a price of C$0.72 per unit.

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