TSX VENTURE EXCHANGE -December 6-10

The Dec. 6-10 period saw the S&P TSX Venture composite index end up 14.37 points at 2124.30. Volume was in line with recent weeks, averaging 175 million shares traded daily. The bears-to-bulls ratio also kept roughly steady, with 159 juniors hitting 52-week highs, while 49 fell to new lows.

Leading both the percentage gain and volume categories, Ashburton Ventures saw 95 million shares traded as its share price tripled from 6.5¢ to 19.5¢. The company reported silver assay results from samples taken at its Deep Creek project near Elko, Nev., which had already shown to contain some high gold grades. Sample highlights included 828 grams silver per tonne, 249 grams silver and 123.5 grams silver, with vein widths estimated at under a metre for the highest grade and 20 cm for the other two samples. The company also announced a $600,000-financing with Premier Gold Mines of 7.5 million units at 8¢ each.

Seafield Resources saw 92 million shares traded after it released more news from its Quinchia gold project in Colombia. The company has moved drills from where it hit 449 metres grading 1.29 grams gold to a porphyry target 3 km northwest. Trenching on the target has returned 94 metres of 1.75 grams gold from surface, including 8 metres averaging 5.51 grams gold. Seafield’s share price climbed 9¢ to 68¢, a week after jumping 35¢ to 57¢. The company also announced a $15-million non-brokered private placement of 30 million units at 50¢ each.

Canaco Resources had a second big week, climbing $1.22 to $5.97 after releasing drill results from its Magambazi gold discovery in Tanzania. Results included 48.6 metres carrying 14.81 grams gold, 8.4 metres averaging 80.9 grams gold and 13.4 metres at 13.54 grams gold in infill drilling. The results came a week after a licensing issue was resolved at the project in Canaco’s favour.

Antares Minerals was the highest value gainer, climbing $1.47 to $9.15. The jump came as security holders approved a November plan of arrangement that involvesFirst Quantum Minerals acquiring Antares’ large Haquira polymetallic project in Peru for roughly $460 million, or $6.35 per share. Antares’ other assets are to be spun out into Regulus Resources, which will be largely owned by Antares shareholders. The Alberta court also gave final approval for the deal.

Alderon Resource’s share price got a boost after the company exercised its option right for a 100% interest in the Kamistiatusset iron ore project in western Labrador. The company’s shares were up 65¢ to $2.95, a new 52-week high. To secure the project, Alderon issued 32.3 million shares to Altius Minerals and nominated Altius’ chairman John Baker and its CEO Brian Dalton to the Alderon board. Alderon has also completed a 26,000-metre drill program on the project.

TSX-V most active issues
		VOLUME		WEEK
		(000s)	HIGH	LOW	CLOSE	CHANGE
Ashburton Vent	ABR	95312	0.25	0.06	0.19	+ 0.12
Seafield Res	SFF	92152	0.77	0.53	0.68	+ 0.11
Sidon Intl Res	SD	43507	0.26	0.17	0.19	+ 0.02
Geo Minerals	GM	32366	0.16	0.06	0.10	+ 0.04
Encore Ren Res	EZ	27802	0.08	0.06	0.07	0.00
Electra Gold	ELT	22252	0.10	0.06	0.07	0.00
Brookemnt Cpt	BKT	14910	0.24	0.14	0.18	+ 0.04
Avion Gold	AVR	14167	1.64	1.33	1.55	-0.03
Eagle Plains	EPL	13855	1.28	0.82	1.00	+ 0.26
Am Cons Minls	AJC	13510	0.10	0.05	0.09	+ 0.02

TSX-V greatest percentage change
		VOLUME		WEEK
		(000s)	HIGH	LOW	CLOSE	CHANGE
Ashburton Vent	ABR	95312	0.25	0.06	0.19	+ 171.4
Pac Casc Minls	PCV	2528	0.07	0.05	0.06	+ 100.0
Cadillac Mng	CQX	7760	0.33	0.17	0.33	+ 94.1
Gee-Ten Vent	GTV	588	0.47	0.25	0.45	+ 87.5
Pac Coast Nikl	NKL	1248	0.16	0.09	0.14	+ 75.0
Pebble Ck Mng	PEB	1426	0.19	0.11	0.17	+ 70.0
Actus Mnls	AAC	230	0.10	0.09	0.10	+ 66.6
United Reef	URP	1347	0.05	0.04	0.05	+ 66.6
Geo Minerals	GM	32366	0.16	0.06	0.10	+ 66.6
Superior Mng	SUI	937	0.26	0.18	0.26	+ 62.5
Finlay Minrls	FYL	1879	0.56	0.25	0.29	-63.7
Nevada Sunrise	NEV	1325	0.25	0.15	0.15	-40.0
Animas Res	ANI	1458	0.51	0.30	0.33	-32.6
AM Gold	AMG	2067	0.66	0.44	0.48	-27.2
Avala Res	AVZ	3081	1.91	1.16	1.44	-26.1
Cascadia Res	CCR	61	0.10	0.09	0.09	-25.0
Richmond Mnls	RMD	10536	0.06	0.03	0.03	-25.0
Huntington Exp	HEI	121	0.13	0.09	0.09	-25.0
Jiminex	JIM	3851	0.31	0.19	0.22	-24.1
LagoDouradoM	LDM	298	0.72	0.55	0.57	-24.0

< td>+ 0.50

TSX-V greatest value change
WEEK
		VOLUME	CLOSE	CHANGE
Antares Minls	ANM	671245	9.15	+ 1.47
Canaco Res	CAN	9937311	5.97	+ 1.22
Alderon Res	ADV	1779944	2.95	+ 0.65
Universal Powr	UNX	2042226	3.63	+ 0.51
NinetyNineCp	WDG	459472	2.51
Rome Res	RMR	170438	1.45	+ 0.43
Reservoir Capt	REO	3913049	1.36	+ 0.41
Amazon Mng	AMZ	985484	4.96	+ 0.40
Timmins Gold	TMM	3976653	2.49	+ 0.38
SilverCrestMn	SVL	2365430	2.01	+ 0.31
Avala Res	AVZ	3080695	1.44	-0.51
Finlay Minrls	FYL	1878715	0.29	-0.51
Mirasol Res	MRZ	458914	4.33	-0.38
Rainy River Rs	RR	1681047	12.30	-0.35
Batero Gold	BAT	690466	2.58	-0.34
Trelawney M&Ex	TRR	3065723	2.64	-0.34
Maudore Minls	MAO	101775	6.06	-0.31
Quest Rare Mnl	QRM	1217355	4.76	-0.30
Hathor Expl	HAT	4283892	3.24	-0.29
Rugby Mng	RUG	137600	1.60	-0.27