The joint-venture partner of Gossan Resources Ltd., Marathon PGM Corporation, has gotten a 2.03 g/t gold finding over 2.8 m as part of a polymetallic strike on their Bird Venture project in Manitoba. The hole was sunk into a nickel-copper-platinum group metal lens. As the news release documents, there were ample findings of base and platinum-group metals too.
Gossan has not traded so far today. It last traded on March 6, when it closed at 7 cents, and its current bid-ask spread is 7-11 cents.
Its 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.
Wednesday, March 11, 2009
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