Gold miners shine on Timmins drill results
Shares of West Timmins Mining (TSX: T.WTM) surged 52% to $1.55 Wednesday after the company reported what it calls “the broadest high grade gold intercept ever reported from the West Timmins District.” The company says hole TC-09-68b on its Thunder Creek Joint Venture in Timmins, Ontario intercepted 83.40 metres grading 12.75 g/t gold. WTM holds a 40% interest in the Thunder Creek Property in joint venture with project operator Lake Shore Gold (TSX:T.LSG), whose shares also soared Wednesday, up more than 21% to $2.97.
