Jun. 10, 2009 (Baystreet.ca) --
MISSISSAUGA, ON, June 10, 2009 -- AllPennyStocks.com Media,
Inc. (http://www.AllPennyStocks.com),
a leading penny stock / small-cap information site, released its June 10th Canadian
Penny Stock Movers.
Canadian Penny Stocks in Play:
Norsemont Mining Inc.: announced the discovery of new porphyry-related copper, molybdenum and gold mineralization at the Company's 100-percent controlled Constancia Project in south-eastern Peru. The recently discovered Chiloroya South area, with dimensions of 3.5km by 3.5km is located about 5.5 kilometres south of the Constancia-San Jose deposit, within a 3 km wide, southwest-oriented mineralized corridor that includes the Cu-Au-Mo Pampacancha discovery, reported on January 27, 2009. Of 152 rock samples taken from this area, 52% returned values from 0.1 up to 7.84 gpt Au (averaging 0.89 gpt Au), 85% were anomalous in copper, returning from 70ppm up to 1.33% Cu and 40% were anomalous in molybdenum, with values in the order of 10 up to 446ppm Mo.
Norsemont Mining Inc. (TSX:NOM) closed even at $1.66 on the new discovery announcement.
Arcus Development Group Inc.: announced that ATAC Resources Ltd. has granted Arcus an option to acquire a 50% interest in the Green Gulch, Touleary, Dan Man and Shamrock gold prospects, collectively referred to as the Dawson Gold Project. The four claim blocks cover an area of approximately 7,000 hectares and are located in west-central Yukon.
Arcus Development Group Inc. (TSX-Venture:ADG) closed up $0.05 at $0.13 or 63% while ATAC Resources Ltd. (TSX-Venture:ATC) closed down $0.025 at $0.325 on the option agreement news.
To read these and other Canadian Penny Stocks in Play every weekday, investors are encouraged to click on the link located here: http://www.allpennystocks.com/aps_ca/stocksinplay.aspx.
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