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Goldex Resources Nearly 13% Higher on Assay Results

Goldex Resources (GDX.V) went up by nearly 13% to 9 cents after announcing preliminary assay results from the first seven of twelve diamond drill holes on its flagship El Pato property in Guatemala.

The company said the first seven holes point to expected high grade mineralization in the principal zones of El Pato with holes in the high grade El Cerrito and El Cerrito West areas showing some exciting grades and intervals. The next set of assay results for the remaining five holes of the project are expected to be available within the next few weeks.

More than 9 million GDX shares have changed hands.

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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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