Uranium Explorer Powers Up on Drill Program Update

Clean Commodities Corp. (TSXV:CLE), a uranium explorer, jumped after announcing that its option partner, AREVA Resources Canada, is set to drill the Preston Uranium Project

Sean Mason | January 22, 2018 | SmallCapPower

The start of an Athabasca Basin drill program generated a bit of excitement in a uranium explorer Monday. Here’s some small stocks making big moves on Monday, January 22, 2018 (as of 4 pm EST):

Clean Commodities Corp. (TSXV:CLE) shares climbed 14% to $0.165 on Monday after the uranium explorer announced that its option partner, AREVA Resources Canada Inc., is set to start a planned 4,500 metre diamond drill program at the Preston Uranium Project, which is in the western Athabasca Basin near NexGen Energy’s Arrow deposit.

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As well, shares of Excellon Resources Inc. (TSX:EXN) slid 16% to $1.65 as the silver miner said 2017 silver production from the Platosa Mine in Mexico fell to 718,460 ounces from 752,689 ounces in 2016.

Neptune Dash Technologies Corp. (TSXV:DASH) stock, meanwhile, popped 20% to $0.60 on its first day of trading on the TSX Venture Exchange. Neptune Dash exclusively builds and operates Dash Masternodes and invests in Dash blockchain related technologies.

Finally, SLAM Exploration Ltd. (TSXV:SXL) shares gained 25% to $0.05 after the resource junior announced the acquisition by staking of two additional cobalt claims comprising 109 units, which increases SLAM cobalt holdings by 95% to cover 4884 hectares in the Bathurst Mining Camp of New Brunswick.

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Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.

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