An exploration stock heated up Tuesday following the release of gold grab samples from the tropics. Here’s some small stocks making big moves on Tuesday, February 13, 2018 (as of 4 pm EST):
Thunderstruck Resources Ltd. (TSXV:AWE), an exploration stock, climbed 31% to $0.085 on Tuesday after announcing grab sample results from recent exploration conducted at the Liwa Creek Gold Prospect in Fiji, which included 36.1 grams per tonne (g/t) and 31.8 g/t gold.
As well, shares of DATA Communications Management Corp. (TSX:DCM) gained 9% to $1.32 as the provider of business communication solutions said it expects adjusted EBITDA guidance for fiscal 2018 of between $22 million and $25 million, compared to expected adjusted EBITDA in fiscal 2017 of approximately $16 million.
Spearmint Resources Inc. (TSXV:SRJ), meanwhile, reported that it has engaged Harris Exploration Drilling and Associates to drill the Clayton Valley Lithium Prospect in Nevada. Spearmint Resources stock moved up 5% to $0.10 following the announcement.
Finally, Minfocus Exploration Corp. (TSXV:MFX) shares rose 60% to $0.04 after the resource junior announced the signing of a letter of intent with Kapuskasing Gold to acquire a 100% interest in 72 claims (1,800 hectares), including 42 claims covering the former Teck Corporation Newfoundland Zinc Mine located about 10 km northeast from the community of Daniel’s Harbour.
Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.
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Thunderstruck Resources Ltd. (TSXV:AWE), an exploration stock, climbed 31% to $0.085 on Tuesday after announcing grab sample results from recent exploration conducted at the Liwa Creek Gold Prospect in Fiji, which included 36.1 grams per tonne (g/t) and 31.8 g/t gold.
