All eyes were on a certain Toronto-based %JuniorMiner after shares of the company were halted on Wednesday pending news. According to the release that came out, the company announced “positive results from the independent Preliminary Economic Assessment ("PEA") for its 100% owned %FremontGoldProject located in the Mother Lode Gold Belt, north central California.”
Shares of %StrataboundMinerals () () popped during Wednesday’s session with shares trading on the TSX-Venture exchange reaching $0.07/share (+40.00%) at the session high and shares trading OTC reaching $0.05/share (+36.24%).
Stratabound Minerals Corp. is a Canadian mineral exploration company with its advanced-stage Fremont Gold Project in the Mother Lode Gold Belt of California. The Project features an NI 43-101 Mineral Resource estimate of 1.16M ounces at an average grade of 1.90 g/t Au in the Indicated plus 2.02M ounces at an average grade of 2.22 g/t Au in the Inferred Mineral Resource classifications encompassing 2 historic high-grade U/G gold mines. Also, Fremont hosts 3 other undeveloped gold occurrences across 4-km of strike along the prolific Mother Lode Gold Belt. The Company is also advancing its other early-stage gold projects: Golden Culvert, YT, McIntyre Brook, NB, and Dingman, ON gold projects and holds 3 base metals deposits in the Bathurst base metals camp of New Brunswick