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TABLE OF CONTENTS Aug 12 - 18, 2013 Volume 99 Number 26 - 0 comments

TSX Venture Exchange, July 29-Aug. 2

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2013-08-07

The S&P/TSX Venture Composite Index put an end to its four-week winning streak, slipping 1.73 points during the trading session to close at 923.56 points.

The spot price of gold lost US$20.30 per oz. to US$1,313.50, before the civic holiday long weekend observed in most of Canada.

During the period, Fission Uranium and its joint-venture partner Alpha Minerals released two more holes from the 2013 mid-year drill program at their Patterson Lake South uranium project in Saskatchewan’s Athabasca basin. The holes were drilled on the R390E zone to test the eastern and western extensions and both hit mineralization, with one of the holes returning the best intercept to date with 21.6 metres of off-scale radioactivity in several intervals, including 16.7 metres of continuous mineralization starting at 73.5 metres depth. The two holes also expanded the strike length of the zone to 105 metres, marking a 75% increase from early this year.

Fission — which was one of the most actively traded stocks, with 9.9 million shares traded — closed off 8¢ at 97¢. Project operator Alpha ended down 27¢ at $5.33, as nearly 823,000 shares changed hands.

Edmonton-based aggregate junior Athabasca Minerals added 46¢ to its share price, reaching $1.18 after posting record second-quarter revenues of $6.3 million, compared to $3.2 million a year ago. Other highlights for the three months ended May 31 included $3.8 million in net aggregate sales, $847,445 in net income and 3¢ per share in earnings, compared to $443,705 in net sales, $721,252 in net income and 2.6¢ per share in earnings in the same period last year.

Shares of Kennady Diamonds advanced 32¢ per share to $2.02 on no news. The week before, Kennady had announced the first infill hole from its mid-year exploration program at the Kennady North diamond project in the Northwest Territories. The hole returned 73 metres of kimberlite at the north lobe at Kelvin, one of the three known kimberlites on the project. The hole was drilled to a 262-metre depth and was one of the eight holes planned at Kelvin’s north lobe. More recently, on Aug. 6, the Toronto-based explorer reported core results from the project’s Kelvin and Faraday kimberlites that were recovered early last year. The 1.1-tonne sample graded 8.44 carats per tonne, with the largest diamond from the batch being a 2.48-carat, off-white transparent octahedral. Kennady ended Aug. 6 up 41% at $2.85 per share.

TSX-V most active issues


    Volume  
Company Symbol (000s) High Low Close Change
Encanto Potash EPO 13856 0.26 0.1 0.18 - 0.08
Fission Uran FCU 9966 1.1 0.93 0.97 - 0.08
RPT Uranium RPT 8085 0.01 0.01 0.01   0
Brilliant Res BLT 7115 0.08 0.05 0.06   0
MPH Vent MPS 6846 0.03 0.01 0.02 + 0.01
Zenyatta Vent ZEN 6359 4.97 3.27 4.01 - 0.86
Unigold UGD 5998 0.09 0.07 0.07 - 0.02
Xmet XME 4846 0.02 0.01 0.01 + 0.01
Red Pine Expl RPX 4791 0.02 0.01 0.02   0
Pac Potash PP 4536 0.18 0.12 0.14 - 0.04

TSX-V greatest percentage change


    Volume  
Company Symbol (000s) High Low Close Change
Ecometals EC 1384 0.04 0.02 0.04 + 250
Bell Copper BCU 1826 0.08 0.03 0.08 + 114.2
Bard Vent CBS 12 0.02 0.02 0.02 + 100
Goldspike Expl GSE 17 0.05 0.03 0.05 + 100
Dynasty Gold DYG 945 0.03 0.02 0.03 + 100
Electra Gold ELT 2814 0.01 0.01 0.01 + 100
Goldex Res GDX 115 0.01 0.01 0.01 + 100
Intl Bethl Mng IBC 86 0.01 0.01 0.01 + 100
Lounor Expl LO 108 0.01 0.01 0.01 + 100
Mazorro Res MZO 31 0.02 0.01 0.02 + 100
Fire River Gol FAU 979 0.01 0.01 0.01 - 50
Duncan Park H DPH 57 0.01 0.01 0.01 - 50
Manson Creek MCK 56 0.01 0.01 0.01 - 50
Honey Badger E TUF 20 0.01 0.01 0.01 - 50
Quia Res QIA 2459 0.01 0.01 0.01 - 50
Northern Abiti NAI 318 0.02 0.01 0.01 - 50
Jet Gold JAU 52 0.02 0.01 0.01 - 50
Celeste Copper C 28 0.01 0.01 0.01 - 50
Strategic Res STI 28 0.01 0.01 0.01 - 50
Majescor Res MJX 1173 0.02 0.01 0.01 - 50

TSX-V greatest value change


Company Symbol Change Close Change
Pac Booker Min BKM 14158 4.8 + 0.75
Athabasca Mnls ABM 1037308 1.18 + 0.46
Kennady Diam KDI 77538 2.02 + 0.32
Tasman Metals TSM 336490 0.92 + 0.24
Reservoir Mnls RMC 592452 3.18 + 0.21
Karmin Expl KAR 111333 0.4 + 0.15
Terrax Minls TXR 922020 0.28 + 0.14
Bralorne Gold BPM 38150 0.36 + 0.11
Callinex Mines CNX 187731 0.33 + 0.08
Cayden Res CYD 45830 1.04 + 0.08
Zenyatta Vent ZEN 6359479 4.01 - 0.86
Bear Creek Mng BCM 328302 1.85 - 0.28
Aurcana Corp AUN 669377 2.12 - 0.28
Alpha Mnls AMW 822915 5.33 - 0.27
EurOmax Res EOX 21319 0.23 - 0.1
Tsodilo Res TSD 29940 0.67 - 0.1
Lumina Copper LCC 118760 4.7 - 0.09
Energold Drill EGD 224764 1.72 - 0.08
Encanto Potash EPO 13855559 0.18 - 0.08
Pac Coal Res PAK 15001 0.62 - 0.08


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Related News
Fission's McElroy discusses 2014 progress at PLS
Better days await the junior sector, PwC reports
Uranium stocks jump on Japanese nuclear restart news
Related Press Releases
Kennady Diamonds Resumes Drilling at Kelvin Kimberlite
Kennady Diamonds Updates Kelvin Kimberlite Drilling
Athabasca Announces Changes to Management Team
 



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