Markets

Cerro Grande Announces Completion of Report on Santa Cecilia Prospect; Shares Off 30%

Cerro Grande Mining Corporation (CEG.TO) reported that it has received the Quantec Geoscience ORION 3D DC/IP/MT Survey Geophysical Report on the Santa Cecilia Prospect in Chile, on which it holds a 65.6% option.

Based on the study, Quantec recommends 23 DC/IP/MT anomalies for future drilling, nearly all of which are located within the previously established five MMI (mobile metal ion) gold and copper anomalies at Santa Cecilia.

CEG shares were down 4.5 cents at $0.105 on volume of 27,000.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

Commodities

Latest Markets Videos

MTNewswires

Founded in 1999, MT Newswires (formerly known as Midnight Trader) is a leading provider of original source, multi-asset class, real-time, global financial news and information to most of the largest banks, brokerage firms and professional market data, trading & research applications in North America.

Learn More