TSX Venture Exchange

The S&P/TSX Venture Composite Index ended flat in the shortened period, up less than a point at 1,191 points after two days of losses balanced out two days of gains. Volume was also little changed, with an average of 67 million shares traded daily.

Antioquia Gold was the highest percentage gainer as it climbed from 7¢ to 16¢ in the period on 840,000 shares traded. The Colombia-focused company announced it had completed the first phase of a 20,000-metre drill program at its Cisneros project, which focused entirely on the Guayabito deposit. Results from the program included 5 metres grading 13.93 grams gold per tonne, 11 metres of 3.7 grams gold and 9 metres of 4.31 grams gold. The drilling has expanded the length of known mineralization to 300 metres and confirmed continuity to almost 500 metres depth.

Gold Reach Resources bounced back somewhat in the period, climbing 22¢ to end at $1.40. The company, exploring its Ootsa project adjacent to the producing Huckleberry mine in northern B.C., climbed from around 60¢ to a high of $2.13 in June before releasing the first results from a drill program on the property and falling to $1.50. At the end of July the company released two more drill hole results, showing a 594-metre interval grading 0.32% copper equivalent and a 961-metre hole grading 0.34% copper equivalent, which sent the company down to as low as $1.02. The company plans to drill a minimum of 25,000 metres at the property with three rigs.

Unigold reported new drill results from its Candelones project in the Dominican Republic, making for another active week for itself and nearby explorer Goldquest Mining. The two companies were again the most traded companies on the Venture, with Unigold clocking in at 16 million shares traded and Goldquest with 8.6 million shares traded. Unigold’s results included 89 metres grading 1.72 grams gold and 122 metres carrying 0.73 gram gold, both 100-metre stepouts to the southwest at its Candelones Extension target. Unigold dropped 9¢ to end at 40¢, while Goldquest dropped 10¢ to $1.51.

Roxgold saw 4.6 million shares traded after releasing a first resource estimate for its Yaramoko project in Burkina Faso. The resource established 617,000 indicated tonnes grading 17.8 grams gold for 354,000 contained oz., plus 1.2 million inferred tonnes at 7.7 grams gold for a further 306,000 oz. gold. The news had the company ending down 7¢ at 47¢, having dropped from a high of $2.27 in March. The company is in the midst of a proxy battle after management postponed its annual general meeting until Sept. 25.

Maudore Minerals, which just wrapped up its own proxy battle in mid-July, climbed 22¢ to $2.67 on active trading. A new board of directors was elected on July 19.

TSX-V most active issues

Volume Week
    (000s) High Low Close Change
Unigold UGD 15975 0.52 0.38 0.41 -0.09
GoldQuest Mng GQC 8565 1.68 1.47 1.51 -0.10
Plains Ck Phos PCP 7032 0.03 0.02 0.03 0.00
Barkerville Go BGM 5900 1.17 1.01 1.10 -0.02
Canamex Res CSQ 4861 0.39 0.30 0.31 -0.04
Roxgold ROG 4573 0.56 0.45 0.48 -0.06
Everton Res EVR 3427 0.14 0.11 0.11 +0.01
Northern Tiger NTR 3265 0.20 0.15 0.19 +0.04
Slam Exploratn SXL 3171 0.03 0.02 0.02 0.00
Thelon Cap THC 2795 0.03 0.01 0.02 0.00

TSX-V greatest percentage change

  Volume Week
(000s) High Low Close Change
Antioquia Gold AGD 840 0.16 0.09 0.15 +123.0
Blackstone Ven BLV 381 0.01 0.01 0.01 +100.0
New Guinea Gld NGG 80 0.01 0.01 0.01 +100.0
Orex Expl OX 469 0.03 0.02 0.03 +100.0
AurCrest Gold AGO 187 0.08 0.04 0.08 +87.5
Anglo Aluminum ALU 22 0.08 0.05 0.08 +87.5
Atlanta Gold ATG 1772 0.04 0.02 0.04 +75.0
Centurion Mnls CTN 133 0.10 0.07 0.10 +66.6
MPH Vent MPS 427 0.03 0.03 0.03 +66.6
Galena Capital FYI 445 0.03 0.02 0.03 +66.6
Thor Expl THX 13 0.13 0.09 0.09 -40.0
Teslin Rvr Res TLR 355 0.03 0.02 0.03 -37.5
Belmont Res BEA 30 0.09 0.07 0.07 -35.0
Zonte Mtls ZON 30 0.07 0.07 0.07 -35.0
Harvest Gold HVG 57 0.20 0.15 0.15 -34.7
AMI Res AMU 140 0.03 0.02 0.02 -33.3
First Star Res FS 114 0.01 0.01 0.01 -33.3
Bell Copper BCU 590 0.02 0.01 0.01 -33.3
Pro Minerals PRM 10 0.01 0.01 0.01 -33.3
Firestone Vent FV 110 0.03 0.02 0.02 -33.3

TSX-V greatest value change

  Volume Close Change
Lumina Copper LCC 101630 9.00 +0.85
Maudore Minls MAL 82885 2.67 +0.22
Gold Reach Res GRV 202230 1.40 +0.22
Gold Reserve GRZ 19479 3.38 +0.18
Solvista Gold SVV 213759 0.45 +0.18
Sandstorm Gld SLL 349639 9.19 +0.17
Panoro Minls PML 2034205 0.79 +0.17
Chesapeake Gld CKG 175585 8.01 +0.16
Regulus Res REG 143663 0.65 +0.15
Copper Fox Mtl CUU 1559086 1.31 +0.12
Kennady Diam KDI 176352 1.13 -0.30
Energold Drill EGD 357528 3.57 -0.19
Luna Gold LGC 185648 2.00 -0.19
Teras Res TRA 174289 0.78 -0.16
Afferro Mng AFF 105700 0.71 -0.14
Scorpio Gold SGN 1049911 0.60 -0.14
CuOro Res CUA 253600 0.67 -0.12
Dia Bras Expl DIB 110242 2.75 -0.11
GoldQuest Mng GQC 8564881 1.51 -0.10
Atacama Pac Gd ATM 22700 2.55 -0.10
Print

Be the first to comment on "TSX Venture Exchange"

Leave a comment

Your email address will not be published.


*


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close