UK smallcap opening - Landore Resources gains as it completes drill programme |
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Published
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Tue, 08 Jan 2008 09:09
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LONDON (Thomson Financial) - The completion of a drill programme took Landore Resources up 1-1/4 pence to 18-1/2 pence as it drilled a total of 3,575 metres on the B4-7 nickel-copper deposit in Canada confirming the continuity of the mineralization.The company said drilling intersected wide zones of nickel mineralization, with results frequently returning grades in excess of 1 pct nickel together with substantial credits of copper, assaying up to 1.65 pct, and cobalt assaying up to 0.33 pct.Meanwhile, contract news took Timestrip up 0.375 a penny to 6-3/4 pence as it confirmed that United Pet Group Inc is the client with which it signed a 3 mln usd exclusive three-year rolling contract last August.tf.TFN-Europe_newsdesk@thomson.comhmb/jagCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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