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Gold Explorer Soars On Assay Results

Published 2018-09-10, 04:25 p/m
Updated 2023-07-09, 06:31 a/m

A possible porphyry discovery in British Columbia's Golden Triangle sparked much interest in a gold explorer Monday. Here’s some small stocks making big moves on Monday, Sept. 10, 2018:

GT Gold Corp (V:GTT) shares surged 54% to $0.80 on Monday after the gold explorer announced that it has made what it called a new gold-copper-silver porphyry discovery at the Saddle North target on its Tatogga property in B.C.’s Golden Triangle area, with drill results that included 0.67 g/t gold, 0.41% copper, 0.89 g/t silver over 430 metres.

As well, shares of Golden Ridge Resources Ltd (V:GLDN) slid 36% to $0.28 as the junior explorer released additional assays from the second and third holes drilled at the William’s Zone on its Hank Project in B.C.’s Golden Triangle District, which included 326 metres grading 0.29% copper, 0.36 g/t gold and 1.92 g/t silver.

Finally, Enerdynamic Hybrid Technologies Corp (V:EHT) shares climbed 71% to $0.06 after the smart energy solutions provider, along with its new joint venture partner Unified Construction and Investments Limited, announced that it will construct 100,000 affordable housing units in the country of Ghana over the next 10 years.

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