Positive outcomes from a drilling program almost always comes as a significant boost to the stocks of mining companies and that is what seemed to have happened with the Braveheart Resources Inc (OTCMKTS:RIINF) stock on Thursday.
Yesterday, the company reported the presence of high grade gold and copper mineralisation at the last two diamond drill holes. The drill holes were part of the H1 2021 diamond drilling program. The announcement came as a massive boost to the Braveheart stock and it ended the day with gains of as much as 38%.
Considering the magnitude of the gains recorded by the stock it is likely that the Braveheart stock is going to come on to the radars of many investors today.
The Chief Executive Officer and President of the company Ian Berzins spoke about the development as well. He stated that everyone at the company was excited with regards to the results from the drilling program. He went on to state that the results have indicated that there are mineralised materials located at the site which are 175 metres below the lowest level of the underground mine. It might be a good time now for investors to add the Braveheart stock to their watch lists.
