Resources Rising Stars

James Bay and Cygnus enjoy share price runs on the back of North American deals; Silver bulls rage as broker says ‘fill your boots’ with Andean.

Records tumbled again this week as the flow of funds into the resources sector gathered pace, powered by an optimistic outlook for next year and an acceleration of deal flow.

Hits of 100gpt support the company’s view of the big potential at its Golden Ridge project in Tasmania’s north-east.

IP surveys conducted outside Strickland Metals’ 5.4Moz Rogozna gold resource in the Balkans have discovered exciting new growth targets – the Jezerska Reka and Obradov Potok prospects (reports Stockhead).

With confidence in its Northern Territory uranium assets has been boosted by positive results from its Murphy West and Nabarlek projects