TSX Venture Exchange September 26 – October 2

Modest price gains in gold and silver spurred some investor confidence over the Sept 26-Oct. 2 trading session, prompting a 28.05-point advance on the junior mining dominated S&P-TSX Venture Composite Index, to 2,453.81. Daily trading volumes over the week averaged 50 million shares.

Market pulse continued on a bearish trend, with a meagre 18 juniors rising to new 52-week highs on the session while 61 explorers sank to yearly lows.

Plexmar Resources regained its top-trader position with over 21 million shares changing hands on the week, closing up three pennies at 70. Further high-grade gold was encountered in channel sampling at the Bolsa del Diablo project in northwestern Peru. The company also signed a letter of intent to acquire the Escondida project across the border in southern Ecuador.

Goldmarca remained an active stock, gaining 17% to close up 14 at 98 per share on volume of almost 12 million. Drilling at its Condor gold project in southern Ecuador recently intersected 284 metres grading 2.8 grams gold per tonne, including higher-grade intervals.

After having its cease-trade order rescinded, Iciena Ventures saw more than 10 million shares of volume to close the week up 4.5 at 15 per share. It announced plans to raise $2.5 million and appointed new directors and senior management.

Shares of Skeena Resources continued their rise, trading up 12 at 98 apiece on volume of 7.9 million. The company is expecting drill results from its El Corazon gold project in northern Ecuador shortly.

Tyler Resources saw a volume surge of almost 7.7 million shares over the week, gaining more than 25% to close up a dime at 49 per share. A resource estimate for its Bahuerachi project in northwestern Mexico reviewed 135 million indicated tonnes grading 0.49% copper, 0.05 gram gold, 4.3 grams silver and 0.009% molybdenum in the porphyry system.

Consolidated Thompson Iron Mines gained 37% over the session, closing up 70 at $2.60 on trading volume of more than 4.7 million shares. The company recently engaged an engineering firm for its planned development of the Bloom Lake iron ore mine in eastern Quebec.

Shares of Grayd Resource gained nearly 52%, closing at 85 per share on volume of over 1.8 million. Drilling on Grayd’s La India project in Sonora state, Mexico, intersected a 65.5-metre interval of 3 grams gold per tonne.

Shares of Oromonte Resources shed more than 41%, dropping 30.5 to close at 42.5 apiece on volume of 1.9 million. A tribunal ruling recently nullified mining titles granted by the Ecuadorian Ministry of Energy and Mines to the company on its Nambija mining project.

Birch Mountain Resources bounced off of recent lows to close the week up 46 at $3.86 on volume of 2 million shares. It announced sales and orders for 900,000 tonnes of aggregate from its Muskeg Valley quarry in northern Alberta’s oilsands region.

TSX-V greatest percentage change

		VOLUME(000s)	HIGH	LOW	CLOSE	CHANGE
RJZ Mining	RJZ	140	0.25	0.145	0.25	+56.2
Grayd Res	GYD	1870	1.04	0.70	0.85	+51.7
West High Yld	WHY	80	0.62	0.40	0.62	+51.2
Threegold Res	THG	27	0.30	0.25	0.30	+50.0
Northern Freeg	NFR	235	0.75	0.47	0.75	+44.2
Novawest Res	NVE	250	0.115	0.075	0.115	+43.7
Iciena Vent	IIE	10123	0.165	0.105	0.15	+42.8
Mountain Boy M	MTB	177	0.61	0.45	0.61	+41.8
Berkley Res	BKS	268	0.95	0.61	0.94	+40.3
Astral Mining	AST	325	0.365	0.25	0.365	+40.3
Colibri Res wt	CBI.WT	26	0.01	0.01	0.01	-60.0
Marifil Min wt	MFM.WT	35	0.06	0.055	0.055	-45.0
Orient Res	ORR	1899	0.75	0.40	0.425	-41.7
Fieldex Expl	FLX	1260	0.47	0.28	0.315	-35.7
Stealth Mnls	SML	168	0.10	0.07	0.07	-30.0
Nevada Star Re	NEV	237	0.175	0.115	0.12	-29.4
Goldmark	GMK	41	0.12	0.085	0.085	-29.1
Constant Mtl R	CEM	35	0.25	0.25	0.25	-28.5
Solid Res	SRW	121	0.345	0.22	0.295	-26.2
Amerix Pr Mtls	APM	1190	0.64	0.43	0.45	-26.2

TSX-V greatest value change

		VOLUME	CLOSE	CHANGE
Seabridge Gold	SEA	175429	13.54	+0.88
Cons Thomp Irn	CLM	4765766	2.60	+0.70
Aranka Gold	ARK	195101	3.15	+0.59
Osisko Explora	OSK	320985	5.65	+0.55
Pearl Ex & Pr	PXX	1427141	4.90	+0.50
Birch Mountn	BMD	2012371	3.86	+0.46
Chesapeake Gld	CKG	38026	5.30	+0.42
Win Eldrich Mn	WEX	30500	1.91	+0.40
Gobimin	GMN	93300	1.80	+0.35
Northern Dyn M	NDM	321280	7.07	+0.34
Pan African Mg	PAF	17270	1.85	-0.57
Palmarejo Gold	PJO	134951	8.00	-0.50
Aurelian Res	ARU	944363	29.95	-0.40
Rome Res	RMR	13200	2.26	-0.32
Orient Res	ORR	1898810	0.425	-0.305
Dynasty Met&Mn	DMM	109124	5.14	-0.26
Intl Tower Hil	ITH	61345	3.00	-0.25
ECU Silver Mng	ECU	1231850	2.75	-0.23
Groundstar Res	GSA	237900	1.03	-0.23
Polymet Mng	POM	1042043	3.40	-0.18

TSX-V most active issues

		VOLUME(000s)	HIGH	LOW	CLOSE	CHANGE
Plexmar Res	PLE	21027	0.79	0.60	0.70	+0.03
Goldmarca	GML	11968	1.08	0.82	0.98	+0.14
Iciena Vent	IIE	10123	0.165	0.105	0.15	+0.045
Skeena Res	SKE	7916	1.03	0.78	0.98	+0.12
Tyler Res	TYS	7683	0.63	0.45	0.49	+	0.10
Cons Thomp Irn	CLM	4766	2.73	1.95	2.60	+0.70
Gold Reach Res	GRH	4077	0.15	0.105	0.135	+0.025
Scorpio Mining	SPM	3689	1.15	1.05	1.11	+0.01
Searchgold Res	RSG	3678	0.175	0.155	0.155	-0.02
Canadn Imp Vnt	CQV	3322	0.145	0.12	0.125	-0.02