TSX VENTURE EXCHANGE January 10-14

The S&P-TSX Venture composite index climbed 45.57 points over the Jan. 10-14 period, ending at 2275.45.
The board was humming with activity, with a daily trading average of more than 200 million shares. Some 19 Venture-listed juniors hit 52-week lows while 143 hit new highs.
Positive metallurgical results helped push up Lumina Copper a dollar to $6. Initial testing on the company’s Taca Taca copper-gold-molybdenum project in northern Argentina showed recoveries of copper at 85.1%,  molybdenum at 52.5%, and gold at 38.4% in the primary mineralized zone, while slightly lower in the Supergene zone. The testing also showed low levels of arsenic. The company is now planning a larger phase of testing. Lumina followed up the test results by announcing a $15.5-million financing.
Leading the value-gain category, Amazon Mining was up $1.02 to $7.84, after announcing a $10-million private placement, issuing 2.4 million shares at $4.17 apiece. The gains were in part a recovery from a significant dip in the latter-half of the previous week. The company shares were trading for roughly $1.50 last July.
Axmin was lively with 20 million shares traded as the company gained 5¢ to close at 20¢. Axmin announced it had sold 9.6 million shares of Copper Development Corp. for net proceeds of roughly $4.3 million, the latest in a push to liquidate non-core assets. Axmin is focusing its resources on its Passendro gold project in the Central African Republic, with the new funds going to cover, among other things, a soon-to-be-completed feasibility study.
Uranium North Resources had a healthy percentage gain on its stock price, climbing 13¢ to 31¢ after releasing sample results from its Nowyak property in Nunavut. Grab samples returned values as high as 32.9 grams gold per tonne, 1,350 grams silver per tonne, and 4.2% copper, while the company reported that gold mineralization occurs along a 200- to 300-metre-wide altered shear zone. Of 56 grab samples, 20 yielded gold values above 1 gram gold and 10 returned values above 10 grams gold.
With almost 32 million shares traded, Currie Rose Resources had the highest trading volume. The attention, however, led to its shares dropping 15¢ to 19¢ apiece. The company released initial drill results from its Mabale Hills gold project in northwest Tanzania, with the majority of the 26 holes hitting low or no mineralization. Exceptions included hole 1 that hit 3 metres of 9.89 grams gold, and hole 13 that cut 3 metres of 11 grams gold.

TSX-V most active issues
    VOLUME    WEEK
    (000s)    HIGH    LOW    CLOSE    CHANGE
Currie Rose Rs    CUI    31777    0.39    0.17    0.19    –    0.15
Encore Ren Res    EZ    25270    0.08    0.05    0.06    –    0.01
Axmin Inc    AXM    20052    0.22    0.14    0.19    +    0.04
Northern Star    NSM    19962    0.07    0.04    0.05        0.00
Allana Res    AAA    19394    0.92    0.67    0.90    +    0.21
Ultra Lithium    ULI    17993    0.17    0.08    0.14    +    0.06
Great Western    GWG    16630    0.70    0.57    0.61    +    0.03
Largo Res    LGO    15941    0.46    0.38    0.41    +    0.04
Slam Exploratn    SXL    13755    0.24    0.17    0.20    –    0.03
NQ Expl    NQE    13754    0.17    0.10    0.12    –    0.01

TSX-V greatest percentage change
    VOLUME    WEEK
    (000s)    HIGH    LOW    CLOSE    CHANGE
OroAndes Res    OAR    397    0.27    0.12    0.27    +    92.8
Central Iron O    CIO    968    0.26    0.14    0.25    +    92.3
Ultra Lithium    ULI    17993    0.17    0.08    0.14    +    75.0
Goldex Res    GDX    4458    0.14    0.07    0.14    +    75.0
Advance Gold    AAX    676    0.21    0.11    0.17    +    70.0
Uranium North    UNR    12527    0.41    0.17    0.32    +    68.4
Midasco Cap    MGC    95    0.12    0.08    0.10    +    66.6
Zinco Mng    ZIM    418    0.52    0.34    0.51    +    59.3
Waymar Res    WYM    1446    1.27    0.73    1.27    +    58.7
Cornerstone Ca    CGP    5592    0.39    0.22    0.38    +    58.3
Currie Rose Rs    CUI    31777    0.39    0.17    0.19    –    44.1
Celeste Copper    C    2107    0.17    0.11    0.12    –    29.4
Candorado Oper    CDO    3803    0.06    0.05    0.05    –    28.5
Advanced Prima    APD    13    0.25    0.22    0.25    –    26.4
Luiri Gold    LGL    10    0.17    0.14    0.14    –    26.3
Global Hunter    BOB    731    0.12    0.09    0.09    –    25.0
Taranis Res    TRO    195    0.29    0.23    0.23    –    23.3
Killdeer Mnls    KMI    53    0.12    0.10    0.10    –    23.0
Champion Bear    CBA    24    0.35    0.27    0.27    –    22.8
Aldershot Res    ALZ    503    0.09 
   0.07    0.07    –    22.2

TSX-V greatest value change
        WEEK
    VOLUME    CLOSE    CHANGE
Amazon Mng    AMZ    844992    7.85    +    1.02
Lumina Copper    LCC    648805    6.00    +    1.00
New Millen Cap    NML    11067277    3.46    +    0.88
Macarthur Mnl    MMS    1150422    3.70    +    0.80
Chesapeake Gld    CKG    220304    13.69    +    0.79
Alderon Res    ADV    4800918    3.35    +    0.68
Riva Gold    RIV    841510    2.52    +    0.64
Batero Gold    BAT    656561    2.90    +    0.58
Strategic Metl    SMD    2104678    2.80    +    0.58
Tasman Metals    TSM    2480134    4.54    +    0.48
Rare Elemnt Rs    RES    1505112    13.17    –    1.21
Bear Creek Mng    BCM    819872    8.37    –    0.53
Canaco Res    CAN    2044731    4.90    –    0.46
Callinan Mns    CAA    657448    2.82    –    0.30
Aldridge Minls    AGM    196361    1.84    –    0.28
Pac Booker Min    BKM    17230    9.22    –    0.25
Richfield Vent    RVC    531552    3.98    –    0.22
Olivut Res    OLV    294660    1.12    –    0.21
NMC Res    NRC    56990    0.90    –    0.20
Rainy River Rs    RR    2342285    11.60    –    0.19