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Gold Junior Climbs on Prospecting Results

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Reading time: 4 min.

Goliath Resources Ltd. (TSXV:GOT), a gold junior, jumped after providing an initial prospecting update on the Lucky Strike property

Sean Mason | August 13, 2018 | SmallCapPower

Golden Triangle excitement continued to build Monday, especially for shares of a gold junior. Here’s some small stocks making big moves on Monday, August 13, 2018 (as of 4 pm EST):

Goliath Resources Ltd. (TSXV:GOT) shares surged 39% to $0.195 on Monday after the gold junior announced that initial prospecting on the Lucky Strike property in the Golden Triangle area of northwestern British Columbia has already resulted in the discovery of several new significant zones of widespread mineralization at surface and the Company has expanded its drill program to test one of these new zones.

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Read: Goliath Resources (TSXV:GOT) is Betting on New Golden Triangle Discoveries

As well, shares of Snipp Interactive Inc. (TSXV:SPN) jumped 30% to $0.065 as the provider of digital marketing promotions said that as of August 10, 2018, the Company is supporting a record-breaking 114 live and pre-live programs worth US$10 million in sales.

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Trinidad Drilling Ltd. (TSX:TDG) stock, meanwhile, moved up 15% to $1.73 after Canadian oilfield services provider Ensign Energy Services Inc. (TSX:ESI) made a $947 million hostile bid for the company valued at $1.68 per Trinidad share.

Finally, INDIVA Limited (TSXV:NDVA) shares climbed 6% to $0.69 after the cannabis producer announced that its wholly-owned subsidiary, Indiva Inc., received its license to sell cannabis and added that construction is fully underway at its London, Ontario growing facility.

To find out more about Goliath Resources Limited (TSXV:GOT), please ” visit the company’s Investor Hub.”

Ubika Research/SmallCapPower has received compensation from Goliath Resources Limited. to provide analyst research coverage. For full disclosure please visit here >>

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

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