Duluth Metals has announced the results of two holes drilled in its Nokomis Deposit in Minnesota. For hole MEX-153, in addition to anomalous base-metal findings, Duluth got 4.178 g/t Total Precious Metals (gold, palladium and platinum) in a 1.5 m subinterval of a 42.6 m interval that got 0.615 g/t TPMs. The second hole, MEX-154, had a 94.4 m interval with 0.443 g/t TPMs. The main findings were of base metals, and the values are detailed in the news release.
This report hit the web at mid-afternoon, ET. Subsequently, Duluth closed at 20 cents, down 1.5 cents on the day. At the time of release, it had already reached 20 cents.
The company'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.
Friday, March 13, 2009
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