Gaining five cents to close at 18 cents for the week ended Oct. 29, Copperquest said it will continue work on its claims in the Shining Tree area of northeastern Ontario.
Previous drilling on the 26-claim property encountered numerous narrow intersections grading up to 12% copper. Copperquest believes the mineralization represents a stringer zone typical of a volcanogenic massive sulphide environment.
The property lies northwest of a recent discovery by Fort Knox Gold, which returned a 110-ft. interval grading 1.03% nickel and 0.43% copper. Progress on its manganese project in Burkina Faso boosted Interstar Mining from 83 cents to $1. Interstar is developing the 13-million-ton high-grade deposit through a deal with the African country’s government and hopes to have the mine in production by early next year.
An amalgamation between Mint Gold Resources and RML Medical Laboratories is complete. Mint Gold, which last traded at 75 cents, will continue to trade on the Canadian Dealing Network under RML’s name.
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