Copper Explorer Soars on Assay Results

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Camino Minerals Corporation (CVE:COR), a copper explorer, climbed after announcing drill results at its Los Chapitos Project in Peru

Sean Mason | April 18, 2017 | SmallCapPower

Drill results made more than a few pennies for shareholders of a copper explorer Tuesday. Here’s some small stocks making big moves on Tuesday, April 18, 2017 (as of 4 pm EST):

Camino Minerals Corporation (TSXV: COR) shares powered 254% higher to $1.24 on Tuesday after the copper explorer announced results for the first two drill holes completed at its Los Chapitos Project in Peru, which included 1.30% copper over 106 meters.

As well, shares of Wallbridge Mining Company Limited (TSX: WM) jumped 26% to $0.12 as the resource projects developer said initial results from the first drilling program on its 100% owned Fenelon Gold property in Quebec intersected what the Company called “significant gold mineralization” in five of the nine holes completed, which included 7.06 metres of 149.08 g/t gold.

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Adamera Minerals Corp. (TSXV: ADZ), meanwhile, reported that it has received drill permits for targets located on State lands within the Cooke Mountain project in Washington State. Adamera Minerals stock popped 27% to $0.215 following the announcement.

Finally, Spearmint Resources Inc. (TSXV: SRJ) shares rose 20% to $0.03 after the resource junior announced the acquisition of three separate claim blocks comprising of 1245 acres that make up the Gold Mountain gold project near the town of Wells, British Columbia, two of which are completely surrounded by Barkerville Gold Mines.

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Disclosure: Neither the author nor any of the principals at Small Cap Power, or their family members, own shares in any of the companies mentioned above.

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