4:05pm: Collective Mining (TSX-V:CNL), Usha Resources shares add to gains late afternoon
Collective Mining closed up 11% at $5.01, while Comprehensive Healthcare Systems gained 14% to $0.08, Auxico Resources Canada finished 21% higher to $0.40, and Usha Resources ended up 8% at $0.335.
11:55am: Collective Mining (TSX-V:CNL), Auxico Resources Canada shares make big gains
Collective Mining (TSX-V:CNL) Ltd shares continued to move higher Wednesday, up 10% to $4.95 following a 2% gain on Tuesday, after the copper, silver, and gold exploration company announced assay results from an additional two drill holes completed from Pad 7 at the Apollo system at its flagship Guayabales project in Colombia, which included 271.30 metres of 3.35 grams per tonne (g/t) gold equivalent starting at surface.
As well, shares of Comprehensive Healthcare Systems Inc (TSXV:CHS) shot up 21% to $0.085 as the provider of healthcare benefits administration software and services said it has signed a new contract with a large education consortium that will generate over C$4.3 million in recurring revenues for the company over a period of five years.
Auxico Resources Canada Inc (CSE:AUAG, OTCQB:AUXIF), meanwhile, reported that the Environmental Impact Assessment (EIA) for its 100% controlled Minastyc property has received approval from the Colombian environmental authority, the Regional Autonomous Corporation of the Orinoquía (Corporinoquia). Auxico Resources Canada stock popped 24% to $0.41 following the announcement.
And, Usha Resources Ltd (TSX-V:USHA) shares rose 7% to $0.33 on Wednesday after the North American mineral acquisition and exploration company provided an update on the on-going drill program at its Jackpot Lake Lithium Brine Property in Nevada, with the latest drill hole returning the highest grades of lithium encountered in drilling and reported historically to date on the property.
Contact Sean at sean@proactiveinvestors.com