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TSX Venture Morning Top Traders: ZEX, MIO, ATK, CQV, FO

Junior Miner Mindoro Resources Ltd. (TSX.V: MIO) Pops 78% on News

Category: Investment, Gold, Mining

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NEW YORK, NY - August 31, 2012 (Investorideas.com Mining stocks newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector for independent investors reports on the top five volume traders on the TSX Venture for Friday August 31st. The TSX and the TSX Venture are both up at the time of this report.

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Zodiac Exploration Inc. (TSX.V: ZEX) leads the top traders, the only one in negative trading, down 0.005 or 9.09% on volume of 2,241,000.

Mindoro Resources Ltd. (TSX.V: MIO) (MDO.AX)(OLM.F) is trading at $0.080, up 0.035 or 77.78% on 1,714,722 shares. The stocks big move is due to news this morning when the Company announced that it has received the preliminary results of the first diamond drill hole of the current program at Archangel gold project, Batangas, the Philippines. Diamond drill hole KT 191-12 intersected 26.2m @ 4.07 g/t gold from 19.4m down hole including 6m @ 6.12 g/t gold from 19.4m down hole and 8.8m @ 5.36 g/t gold from 36.8m down hole. These intersections are part of a broader interval of 39.25m @ 3.08 g/t gold from 16.4m down hole (0.5 g/t gold cut-off).

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Atikwa Resources Inc.( TSX.V: ATK) is flat on volume of 1,138,800

Canadian Imperial Venture Corp. (TSX.V: CQV ) is unchanged on 1,039,050 shares.

Falcon Oil & Gas Ltd. (TSX.V: FO) is up 10.71% on 881,641 shares.

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