Canada’s junior exchange posted a late day rally with investors picking up select gold issues. The S&P-TSX Venture Exchange composite index gained 4.66 points, or 0.28%, and closed at 1,666.79.
American Bonanza Gold Mines added half a penny to close at 34 on nearly 680,000 shares traded. The junior has resumed drilling at its 95%-owned Gold Bar property in Nevada.
International Taurus Resources moved up to a new 52-week high, adding 6 to close at 43 on 555,100 shares traded. The junior is the operator and 62% owner of the Fenelon joint venture project in northwestern Quebec, where a decline ramp is being driven to test mine and to prove up reserves.
Spider Resources ended the day unchanged at 12.5 with 599,500 shares traded. The junior and joint venture partner, KWG Resources on working their Spider #3 base metal prospect in the James Bay Lowlands of Northern Ontario.
JNR Resources closed at 32.5, flat on the session with 386,000 shares traded. JNR recently dealt an option on its Moore Lake and Lazy Edward Bay uranium properties to International Uranium. The prospective project lie in the Athabasca Basin of northern Saskatchewan.
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