Mar. 16, 2009 (Baystreet.ca) --
MISSISSAUGA, ON, March 16, 2009 -- AllPennyStocks.com
Media, Inc. (http://www.AllPennyStocks.com),
a leading penny stock / small-cap information site, released its March 16th Canadian
Penny Stock Movers.
Canadian Penny Stocks in Play:
Premium Exploration, Inc.: announced an 800 meter drill program at the Friday-Petsite gold project to designed to extend and further delineate the high-grade zone discovered by previous operators Bema Gold, Cyprus-Amax, Kinross Gold Corp, and Beartooth Platinum Corp. The project is located along the Orogrande Shear Zone near Elk City in Central Idaho, USA. Highlights from the Cyprus-Amax and Kinross drilling from the high-grade zone include drill hole C008 intersecting 7.33 g/t gold over 16.7 meters (0.24 oz/ton gold over 55.78 ft) including 52.05 g/t gold over 1.6 meters (1.67 oz/ton gold over 5.48 ft).
Premium Exploration, Inc. (TSX-Venture: PEM) closed up $0.005 at $0.095 on the drilling results announcement.
Hawthorne Gold Corp.: announced results from the final holes from the 2008 Diamond Drill Program at the Cassiar Gold Camp, which is located in northern British Columbia, Canada. The drill program consisted of fifteen (15) HQ/NQ diamond drill holes totaling 2,536 metres on the East Bain Zone of Table Mountain. Highlights included assays of 2.20 metres averaging 11.04 g/t Gold.
Hawthorne Gold Corp. (TSX-Venture: HGC) closed down $0.05 at $0.25 or 17% on the latest assay results announcement.
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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