Boxxer Gold has reported that a shear zone has been extended, on its wholly-owned Gordon Lake project in the Northwest Territories. The bulk of the news release compares it to shear zones that have produced gold mines, and speculates that the discovered Syn zone is part of a shear that has yielded good assays from channel and drill sampling. Future plans include trench sampling along the Syn.
This news item was released yesterday morning, before the market opened. Boxxer's trading yesterday was very light, with one trade, leaving the stock unchanged at 3.5 cents. Current bid is 3 cents, and current ask is 3.5 cents.
Boxxer's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
Thursday, March 12, 2009
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