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UPDATE: Buchans Minerals Reports Drill Results from Woodstock Manganese Project; Stock Hikes 14%

Buchans Minerals Corporation (BMC.V) announced further drilling results from recent drilling program on the Woodstock manganese project in New Brunswick.

Highlights from the 3 holes on section 11 North include hole PL-22A that intersected 11.28% Mn over 217.4 metres core length from 93.6 to 311.0 m (180 m approximate true width), hole PL-20 that intersected 9.32% Mn over 202.0 metres core length from 12.0 to 214.0 m (139 m approximate true width), including two sections of 10.21% Mn over 63.5 metres core length and 10.52% Mn over 39.0 m core length (44 metres and 27 metres approximate true widths respectively).

BMC hiked more than 14% to 4 cents, trading near 52-week low $0.025.

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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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