Platinex Inc. has released results from 19 holes of its 26-hole drilling program on its Herrick prospect in Ontario. Ten of those sixteen drill-hole cores had intercepts with anomalous gold values, as spelled out in the news release. In addition to the 3.19 g/t over 7.15 m of core, at 5.05 m true width, another hole yielded 4.11 g/t over 5.20 m core with true width of 2.98 m.
Platinex hasn't traded yet today. Its current bid is 6 cents, and current ask is 11.5 cents. It last traded at 6.5 cents on March 5.
Platinex'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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