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All Penny News: Junior Gold and Graphite Miner Stock Surges in November While Major Miners Drop Lower


Mississauga, ON -- (SBWIRE) -- 11/29/2013 -- Media, Inc. ( announces its latest article titled “Junior Gold and Graphite Miner Stock Surges in November While Major Miners Drop Lower.”

Companies mentioned in this article include Joshua Gold Resources Inc. (OTCQB:JSHG), Imagold Corp. (NYSE:IAG) (TSX:IMG) and Probe Mines Ltd. (TSX-Venture:PRB).

Article Excerpt:

November has been a tough month for many miners. Gold has lost about 5.5 percent this month, while silver is off nearly 8 percent, dragging big mining players lower. While the majors have languished, some smaller, diversified juniors have been seeing a rise in share value as the mining investing faithful look for undiscovered value plays with substantial holdings.

Shares of Joshua Gold Resources Inc. (OTCQB:JSHG) have nearly doubled this month as investors seem to be taking notice of the large land positions of the Oakville, Ontario-based company in some of Canada’s most prolific metal regions. Joshua Gold expanded its presence in Swayze Township in the Swayze Greenstone Belt of northern Ontario to more than 46,000 contiguous acres. Cumulatively, the property is simply known as the “Swayze Property.

The Swayze Property surrounds the past producing Kenty Gold Mine (1930s) and is west to Imagold Corp.’s (NYSE:IAG) (TSX:IMG) Cote Lake Deposit, which contains 8.7 million ounces of indicated and inferred gold. To the west is Probe Mines Ltd.’s (TSX-Venture:PRB) Borden Lake Deposit, containing 4.3 million ounces of gold in the indicated and inferred categories. Clearly there is reason for sharp optimism about how much gold is contained in Joshua Gold’s property.

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