Tawsho Mining Pares Losses After Drilling Confirms 'Gold Laden' Mineralizing System
Tawsho Mining Inc. (TAW.V) is getting a late bounce, with shares adding 2 cents to pull within 3 cents of even after more than half of the core samples from drill holes at its Whisker Valley Property in northern Newfoundland intersected narrow quartz veins bearing gold mineralization.
The company said the results were encouraging and support its understanding of the region being explored, adding that the presence of local high grades indicating the presence of free gold is especially encouraging and confirms a gold laden mineralizing system in the area.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
Latest Markets Videos
- The $12 Trillion "Once-in-a-Lifetime" Market Opportunity Investors Won't Want to Miss
- J.P. Morgan Says These 3 Stocks Could Surge Over 100% From Current Levels
- Forget Tesla's Battery Day, These EV Stories Are More Important
- ChargePoint, Switchback Energy Acquisition Enter Business Combination Agreement