Junior Explorer Jumps on Lithium Discovery

Clean Commodities Corp. (CVE:CLE), a junior explorer, gained ground after announcing a lithium discovery in Quebec

Sean Mason | October 27, 2016 | SmallCapPower

Lithium surface samples sent shares of a junior explorer rising to the top Thursday. Here’s some small stocks making big moves on Thursday, October 27, 2016 (as of 4 pm EST):

Clean Commodities Corp. (CVE:CLE) shares climbed as much as 21% before ending down 7% to $0.065 on Thursday after the junior explorer announced the discovery of lithium at the Dumont project near Nemaska, Quebec, with surface samples up to 344 ppm Li2O.

As well, shares of Independence Gold Corp. (CVE:IGO) slipped 6% to $0.16 as the gold explorer said it has intersected multiple broad zones of gold mineralization at the Hudbay Zone on the Rosebute property in the Yukon, which included 0.50 grams per tonne gold over 36.6 metres.

Giyani Gold Corp. (CVE:WDG), meanwhile, reported that it has entered into a non-binding Letter of Intent with Arnoldus Brand director and owner of Matsamo Gold Corp Pty Ltd, Menzi Battery Metals Pty Ltd and Qakaza Diamond Corp Pty Ltd to acquire 88-95% interest in various prospecting licenses in Botswana that the Company said is highly prospective of manganese development. Giyani Gold stock moved up 11% to $0.41 following the announcement.

See more Small and Micro Cap Market Movers Daily from Sean Mason. Tomorrow’s big stock market winners could be found here today!

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