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Foundation Resources Jumps As Much as 50%, Heavily Traded on TSXV

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Foundation Resources (FDN.V) jumped as much as 50% and more than 1.5 million of its shares changed hands on the TSXV in the early minutes of Thursday's trading session. On August 23, Foundation announced the results of three more drill holes from the Sanders and East zones of the East Coldstream Gold Deposit, Northwestern Ontario. Foundation Resources is focused on exploration and development of the Coldstream Gold Property in Ontario, Canada, and the San Rafael Gold-Silver Property in Durango, Mexico.

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

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