TSX Venture Exchange August 22-28

On steady base and precious metal prices, the S&P-TSX Venture Composite Index delivered an impressive 2.9% gain over the Aug. 22-28 trading period to close up 75.81 points at 2.692.88. Average daily trading volumes on the heavily junior-mining-weighted index surged over the session to 63.9 million.

Market sentiment took a definite bullish turn on the week with 39 companies rising to new annual highs, while just 24 explorers slipped to 52-week lows.

Plexmar Resources again topped the most-active board surging 29% to close the week at 97 with almost 36.6 million shares changing hands. Investor excitement in the company’s Bolsa del Diablo gold project in northern Peru has increased with the acquisition of the Escondida project, across the border in southern Ecuador.

Uranium hunter International Arimex Resources lodged just under 11.5 million shares of volume, gaining 90% to close at 19. Geophysical surveys on its Key Lake project in northern Saskatchewan’s Athabasca basin have lit up three conductor trends on the claims optioned from CanAlaska Ventures.

Shares of Silver Fields Resources rallied 62%, or 6.5, to close the week at 17 apiece on volume of over 7.7 million. Exploration programs are in progress on the company’s silver projects in northern Idaho and Montana.

Patrician Diamonds plummeted 39% to close the trading session down 11 at 17 per share on volume of 7.5 million. Drill results from the Hillside diatreme on its Sahtu diamond project in the Northwest Territories disappointed investors, delivering a number of picroilmenite grains, but no other indicator minerals or diamonds.

Wide silver intercepts from the Hoag zone at its Nuestra Senora project in Sinaloa state, Mexico fuelled trading of over 6.9 million shares in Scorpio Mining, which gained a penny to close at $1.19.

Goldmarca remained even on the week at 67 per share, trading over 6.1 million shares. Its Eccolmetals property in southern Ecuador has excited investors due to its proximity to Aurelian Resources’ Fruta del Norte project.

An intercept of 0.79 gram gold per tonne and 0.55% copper over 136 metres from its Pinaya project in southern Peru pushed Acero-Martin Exploration up 26%, gaining 20 to close at 96 per share on volume of 4.8 million.

Shares in aspiring junior nickel producer Crowflight Minerals rallied 27% on almost 4.8 million shares of volume to close at 45. Development of its Bucko Lake nickel deposit in Manitoba has entered the 30-day public review stage.

UC Resources notched up 9 to close at 61 on trading of 4.7 million shares. The company entered an agreement to acquire Mexican company Minera El Alizal, which holds the La Dura project in the Copalquin mining district of Durango state, close to its existing exploration project. La Dura hosts a past-producing gold-silver operation that has left significant tailings and stockpiles containing good gold and silver grades.

TSX-V greatest percentage change

VOLUME(000s) HIGH LOW CLOSE CHANGE
Intl Arimex R IEA 11494 0.24 0.11 0.19 +90.0
Macarthur Mnl MMS 92 2.90 1.55 2.50 +66.6
GWR Res GWQ 747 0.46 0.29 0.43 +65.3
Silv Fields Rs SF 7724 0.20 0.10 0.17 +61.9
Terraco Gold TEN 1057 0.49 0.285 0.49 +50.7
Wave Expl WA 122 0.09 0.06 0.09 +50.0
EurOmax Res EOX 1094 0.64 0.33 0.48 +50.0
Bravo Vent BVG 3517 1.35 0.89 1.35 +50.0
Red Dragon Res DRA 1578 1.46 1.00 1.38 +48.3
Gossan Res GSS 56 0.29 0.22 0.29 +45.0
Patrician Diam PXC 7584 0.305 0.14 0.17 -39.2
Profile Res PFL 119 0.03 0.02 0.02 -33.3
Q-Gold Res QAU 164 0.21 0.15 0.15 -30.2
Puma Expl PUM 292 0.285 0.15 0.20 -29.8
Luxor Ind LRL 20 0.11 0.10 0.10 -28.5
Amex Expl AMX 58 0.365 0.255 0.26 -25.7
Canstar Res ROX 1039 0.19 0.125 0.125 -24.2
Citadel Gold CGM.H 71 0.105 0.08 0.08 -23.8
Hudson Res HUD 508 1.28 0.95 0.98 -21.6
Linear Metals LRM 483 0.72 0.60 0.60 -20.0

TSX-V greatest value change

VOLUME CLOSE CHANGE
Aurelian Res ARU 2746305 29.90 +8.00
Macarthur Mnl MMS 92290 2.50 +1.00
Osisko Explora OSK 344682 7.15 +0.84
Norsemont Mng NOM 462497 2.93 +0.73
Mansfld Mnrls MDR 265376 3.50 +0.65
Pac Booker Min BKM 62535 7.99 +0.59
Aranka Gold ARK 53675 2.90 +0.55
Klondex Mns KDX 696202 2.86 +0.51
Red Dragon Res DRA 1578190 1.38 +0.45
Bravo Vent BVG 3516923 1.35 +0.45
Arizona Star AZS 18614 11.74 -0.51
Energy Fuels EFR 722810 2.15 -0.42
First Majestic FR 505616 4.00 -0.35
Birch Mountn BMD 340535 4.19 -0.35
Primary Metals PMI 114500 2.56 -0.34
Rockvale Res RR 620588 2.70 -0.32
Intl Tower Hil ITH 31350 2.81 -0.29
Hudson Res HUD 508105 0.98 -0.27
Northern Dyn M NDM 247077 8.90 -0.24
Chesapeake Gld CKG 31550 4.48 -0.22

TSX-V most active issues

VOLUME(000s) HIGH LOW CLOSE CHANGE
Plexmar Res PLE 36599 1.01 0.76 0.97 +0.22
Intl Arimex R IEA 11494 0.24 0.11 0.19 +0.09
Silv Fields Rs SF 7724 0.20 0.10 0.17 +0.065
Patrician Diam PXC 7584 0.305 0.14 0.17 -0.11
Scorpio Mining SPM 6906 1.26 1.10 1.19 -0.01
Goldmarca GML 6126 0.77 0.65 0.67 0.00
Bishop Gold BSG 5427 0.045 0.03 0.045 -0.01
Acero-Martin E ASD 4805 1.02 0.75 0.96 +0.20
Crowflight Mnl CML 4776 0.475 0.38 0.45 +0.095
UC Res UC 4719 0.68 0.51 0.61 +0.09
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