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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.

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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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