Premium Exploration (TSXV:PEM)
Premium Exploration (TSXV:PEM) is expecting the first assay results from an 8,000 metre infill and definition drilling program has on its Friday Zone along the Idaho Gold Project, in Idaho. Drilling commenced in November 2012 and was designed to increase and expand the Friday-Petsite constrained resource. The company has a market capitalization of $12.5 million.
*** Update: Catalyst Achieved ***
Richmont Mines Inc. (TSX:RIC) is in the midst of an aggressive 35,000 metre underground deep drilling campaign at its Island Gold mine in Northeastern Ontario. The company anticipates releasing a preliminary resource calculation, exclusively for the C Zone, during the first quarter of 2013. There are currently no resources or reserves below the 400 metre level and mineralization remains open laterally and at depth. Last year Richmont published numerous promising assay results from depths between 500 to 900 metres. The company has a market capitalization of $130 million.
*** Update: Catalyst Achieved ***
Unigold Inc. (TSXV:UGD) should start to see more assay results from the Candelones area on its wholly owned Neita Concession in the Dominican Republic. In November the company announced it was drill testing and sampling a three km long IP anomaly at Candelones Main through to Candelones Extension. The company has a market capitalization of $74.56 million.
