TSX VENTURE EXCHANGE DECEMBER 13-17

The S&P-TSX Venture composite index endured a rocky ride over Dec. 13-17, with gains cancelling out losses to leave the board up 10.03 points, at 2,134.33. Daily trading volumes remained strong, averaging 169 million. Some 120 juniors climbed to new highs while only 47 fell to new lows.

Eagle Hill Exploration had a good week after releasing the first set of results from its 10,000-metre drill program at the Windfall Lake gold project near Val d’Or, Que. Three holes into the Caribou zone all hit gold at less than 80 metres below surface, returning 9.9 metres of 18.8 grams gold per tonne, 1 metre of 7.38 grams gold, and 4.6 metres of 53.6 grams gold. The company moved 26 million shares to climb 7¢ to 25¢.

Avion Gold’s share price continued its six-month ascent, this time supported by drill results from its producing Tabakoto gold project. A mix of infill and step-out holes returned such intercepts as 11.4 metres of 56.08 grams gold, 5.6 metres of 18.56 grams gold, 3.7 metres of 34.52 grams gold, and 7.4 metres of 13.57 grams gold. In response Avion’s share price gained 10¢ to reach $1.50. Tabakoto produced 7,827 oz. gold in November, keeping the mine on target to produce 85,000 oz. gold in 2010.

The week’s biggest absolute gainer, Mirasol Resources, announced results from the first seven holes into its new Julia vein target in Argentina. Julia, which is one of eight veins discovered at its Virginia project in the last 12 months, returned silver in all seven holes, including 474 grams silver over 22.7 metres. Mirasol’s share price rose $1.86 to close at $6.19.

A high-grade nickel-copper hit from the Nachingwea project in Tanzania pushed Continental Nickel up 75¢ to $1.25. The company’s second round of drilling at the Sleeping Giant zone produced a 9.3-metre intercept of 5.01% nickel and 0.77% copper, within 23 metres averaging 2.58% nickel and 0.41% copper. The hit started 325 metres downhole.

Rainy River Resources released initial results from its TPK gold project in northern Ontario, which is a joint venture with Northern Superior Resources, and announced plans to raise $65 million in a bought-deal private placement. TPK returned 13.5 metres of 25.9 grams gold from a shear zone 150 metres downhole. The partners just completed their first drill program at TPK. Rainy River shares climbed 70¢ to $13.

And two announcements -a new soil anomaly and a high-grade outcrop sample -were enough to add 48¢ to Amarillo Gold’s share price, bringing it to $1.63. At the Lavras do Sul project in southern Brazil a soil sampling program outlined a large, crescent-shaped soil anomaly near an area of historic artisanal mining. Some 7 km to the east, the best sample taken from the Cerro Rico, or Rich Mountain, prospect returned 15.6 grams gold.

TSX-V most active issues
		VOLUME		WEEK
		(000s)	HIGH	LOW	CLOSE	CHANGE
Ashburton Vent	ABR	31950	0.22	0.16	0.17	-0.03
Encore Ren Res	EZ	27859	0.08	0.06	0.06	0.00
Seafield Res	SFF	26131	0.68	0.52	0.56	-0.12
Eagle Hill Exp	EAG	26116	0.28	0.18	0.25	+ 0.07
StEugeneMng	SEM	20429	0.28	0.12	0.22	+0.09
Harte Gold	HRT	18299	0.96	0.54	0.64	-0.29
Sidon Intl Res	SD	14471	0.22	0.17	0.19	-0.01
Alexander Nubi	AAN	13249	0.17	0.13	0.17	+ 0.04
Avion Gold	AVR	12729	1.57	1.43	1.55	-0.00
Geo Minerals	GM	12125	0.10	0.08	0.09	-0.01

TSX-V greatest percentage change
		VOLUME		WEEK
		(000s)	HIGH	LOW	CLOSE	CHANGE
Cangold	CLD	7242	0.15	0.05	0.10	+ 150.0
Contintl Nickl	CNI	2735	1.40	0.55	1.25	+ 150.0
Caribou Copper	CKR	99	0.12	0.06	0.11	+ 83.3
Corsa Capital	CSO	2459	1.09	0.87	0.90	+ 80.0
Cascade Res	CC	6071	0.12	0.05	0.09	+ 80.0
Gitennes Expl	GIT	1792	0.14	0.06	0.12	+ 71.4
St Eugene Mng	SEM	20429	0.28	0.12	0.22	+ 69.2
Caza Gold	CZY	5068	0.55	0.36	0.53	+ 55.8
Blackstone Res	BLV	5800	0.09	0.05	0.06	+ 50.0
Columbus Gold	CGT	3246	0.87	0.56	0.82	+ 43.8
Canuc Res	CDA	137	0.19	0.14	0.14	-41.6
Tagish Lk Gold	TLG	1508	0.17	0.10	0.10	-41.1
ICS Copper Sys	ICX	193	0.08	0.06	0.06	-40.0
Challenger Dev	CDQ	1980	0.59	0.38	0.38	-36.6
Dot Res	DOT	129	0.10	0.09	0.10	-33.3
Harte Gold	HRT	18299	0.96	0.54	0.64	-31.1
Actus Mnls	AAC	616	0.09	0.08	0.08	-27.2
Lakeland Res	LK	378	0.18	0.14	0.14	-26.3
Escape Gold	EGT	130	0.17	0.15	0.15	-25.0
Canaf Group	CAF	90	0.07	0.05	0.06	-25.0

TSX-V greatest value change
WEEK
		VOLUME	CLOSE	CHANGE
Mirasol Res	MRZ	1177057	6.19	+ 1.86
Fortress Mnls	FST	157607	4.25	+ 1.24
Contintl Nickl	CNI	2734745	1.25	+ 0.75
Rainy River Rs	RR	4701081	13.00	+ 0.70
Lumina Copper	LCC	559293	4.19	+ 0.59
Macarthur Mnl	MMS	606600	2.80	+ 0.50
Avino Silver	ASM	1708229	2.70	+ 0.49
Amarillo Gold	AGC	653859	1.59	+ 0.44
Corsa Capital	CSO	2459460	0.90	+ 0.40
Atac Res	ATC	2056538	5.90	+ 0.36
Antares Minls	ANM	207180	8.40	-0.75
Bear Creek Mng	BCM	999455	9.20	-0.71
Canaco Res	CAN	2668554	5.45	-0.52
Amazon Mng	AMZ	521797	4.58	-0.38
Orko Silver	OK	3186927	2.26	-0.38
Rome Res	RMR	152750	1.10	-0.35
RareElemntRs	RES	4066163	9.55	-0.34
Hathor Expl	HAT	4010764	2.93	-0.31
NinetyNineCp	WDG	377440	2.22	-0.29
Harte Gold	HRT	18299158	0.64	-0.29