TSX Venture Exchange June 20-26

Following its recent precipitous decline, the S&P-TSX Venture Composite Index showed signs of buoyancy with a gain of 71.6 points, closing the June 20-26 trading session at 2.574.2. Average daily trading volumes weakened over the period to just 34.8 million shares.

On the week, 20 companies managed to rally to new annual highs, while 35 explorers sank to new lows.

Goldmarca rose to top trading spot with almost 10.2 million shares changing hands; shares in the company closed up a dime at 66. Investors remain enamoured with recent drill results from Goldmarca’s Condor Gold project, in southeastern Ecuador, including a 48-metre section grading 16.7 grams gold and 222 grams silver per tonne. The company also grabbed an adjacent land package across the border in northern Peru and lined up a $10.3-million financing.

Trading over 6.5 million shares, Plexmar Resources lingered among volume leaders, closing up 9 at 30. The company announced it is acquiring a land package adjacent to Aurelian Resources’ Fruta del Norte gold discovery in southern Ecuador. Trenching also continues at its Bolsa del Diablo project in Peru.

Tyhee Development traded 5.5 million shares over the session, gaining 11 or 29% to close at 49. It recently closed a $1.65-million financing earmarked for stepout drilling at its Yellowknife gold project, in the Northwest Territories.

Following its recent astronomic rise from the $5.00-level to a high of $23.40, shares of Aurelian Resources fell nearly 14%, or $2.92, to close the week at $18.57 on volume of almost 3 million. Investors are awaiting results from a scissor hole testing the width of the structure hosting high-grade epithermal gold mineralization at its Condor project in southeastern Ecuador.

Brazilian-focused gold explorer Amerix Precious Metals saw almost 2.7 million shares traded, closing down four pennies at 98. A technical report on its Vila Porto Rico property, in the Tapajs gold district of Para state, indicates the Ouro Roxo North and South deposits remain open and the gold zones are likely continuous.

Shares of Nova Uranium collapsed, dropping 50% to close at 97 on volume of 2.6 million. Initial drill results from Nova A and B zones at its Mont Laurier project in south-central Quebec fell short of investor expectations, returning up to 23.4 metres of 0.1% U3O8, including 0.5 metre of 1.37% U3O8.

Oromonte Resources gained 8 on the week, closing at 80 on volume of 2.5 million shares. It has concluded the purchase of the Goldstar operations, in southeastern Ecuador, consisting of eight additional mining rights at the Nambija gold project and a 30-ton-per-day plant.

New Guinea Gold bounced off a 4-month low to close up 9 at 39 per share on trading volume of over 2.4 million. The company is developing the Sinivit gold project in Papua New Guinea, expected to come on-stream in late 2006.

TSX-V greatest percentage change

		VOLUME(000S)	HIGH	LOW	CLOSE	CHANGE
Freeport Res	FRI	703	1.03	0.42	0.91	+139.4
Curlew Lke Res	CWQ	1792	0.22	0.09	0.19	+90.0
CZM Capital	CZM	1318	0.33	0.22	0.33	+73.6
Proam Expl	PMX	40	0.17	0.145	0.17	+61.9
Gold Ore Res	GOZ	2070	0.64	0.38	0.64	+60.0
Verdstone Gold	VGC	753	0.20	0.15	0.20	+53.8
Hudson Res	HUD	1975	1.72	1.01	1.52	+53.5
Petromin Res	PTR	308	0.40	0.30	0.385	+48.0
Running Fox Rs	RUN	1193	0.78	0.59	0.73	+43.1
Intl Tower Hil	ITH	37	1.90	1.22	1.82	+41.0
Eagle Plains	EPL	1908	1.00	0.59	0.61	-65.1
Nova Uranium	NUC	2617	2.28	0.91	0.97	-50.0
Thor Expl	THX.H	15	0.25	0.18	0.18	-35.7
Regent Vents	REV	1169	0.58	0.395	0.41	-26.7
Senator Minls	SNR	97	0.34	0.25	0.25	-26.4
Abitibi Mng	ABB.H	229	0.085	0.07	0.07	-26.3
Kermode Res	KLM	239	0.31	0.235	0.235	-25.4
Darnley Bay	DBL	18	0.14	0.08	0.11	-24.1
Kodiak Expl	KXL	2203	0.51	0.35	0.40	-23.0
Redstar Gold	RGC	140	0.22	0.18	0.18	-21.7

TSX-V greatest value change

		VOLUME	CLOSE	CHANGE
Seabridge Gold	SEA	479586	12.27	+1.32
Arizona Star	AZS	157725	12.00	+0.91
Polymet Mng	POM	910933	3.58	+0.78
Palmarejo Gold	PJO	137286	8.90	+0.70
Tiger Intl	TGR	33870	2.50	+0.70
Mexgold Res	MGR	232258	6.50	+0.67
Bear Creek Mng	BCM	899936	5.69	+0.59
Hudson Res	HUD	1975396	1.52	+0.53
Intl Tower Hil	ITH	36762	1.82	+0.53
Freeport Res	FRI	702900	0.91	+0.53
Aurelian Res	ARU	2946697	18.57	-2.92
Eagle Plains	EPL	1908447	0.61	-1.14
Nova Uranium	NUC	2616618	0.97	-0.97
Birch Mountn	BMD	681440	5.67	-0.61
Aranka Gold	ARK	26056	2.60	-0.40
Chesapeake Gld	CKG	64760	4.40	-0.34
Marathon PGM	MAR	40000	3.00	-0.30
Gobimin	GMN	68000	1.85	-0.30
Contl Precious	CZQ	76336	2.53	-0.30
Coastport Cap	CPP	214030	1.26	-0.26

TSX-V most active issues

2.74

		VOLUME(000S)	HIGH	LOW	CLOSE	CHANGE
Goldmarca	GML	10152	0.70	0.56	0.66	+0.10
Plexmar Res	PLE	6583	0.39	0.29	0.39	+0.09
Tyhee Dvlpmnt	TDC	5500	0.50	0.365	0.49	+0.11
Intl Samuel Ex	SAZ	3368	0.145	0.12	0.135	0.00
Aurelian Res	ARU	2947	23.40	18.00	18.57	-2.92
Amerix Pr Mtls	APM	2657	1.19	0.87	0.98	-0.04
Nova Uranium	NUC	2617	2.28	0.91	0.97	-0.97
Orient Res	ORR	2478	1.01	0.67	0.80	+0.08
ECU Silver Mng	ECU	2438	2.44	2.53	-0.07
New Guinea Gld	NGG	2433	0.40	0.28	0.39	+0.09