Champion Iron Mines Ltd. Soars More Than 43% to Top this Week's Ubika Mining 30 Index Report
Toronto, Ontario--(Newsfile Corp. - December 24, 2013) - Ubika Research has released the weekly performance report for "The Ubika Mining 30,” their index of 30 high potential junior mining exploration companies.
This week's top gainer is Champion Iron Mines Ltd. (TSX: CHM) (CSE: CHM), which jumped more than 43% following the announcement of the initial mineral resource (~531.2 million tonnes grading 33.1% total iron of in-pit Inferred mineral resources) at the Penguin Lake Project. The property is being explored pursuant to an option agreement with Cartier Iron Corporation.
Other top Ubika Mining 30 gainers for the week ending December 20, 2013 include: Focus Graphite Inc. (TSXV: FMS) (CVE: FMS), Rodinia Lithium Inc. (TSXV: RM) (CVE: RM), and New Zealand Energy Corp. (TSXV: NZ) (CVE: NZ).
Get your copy of the report and see the Top 30 performance compared to the TSX Venture Index: http://www.smallcappower.com/mining30.
About The Ubika Mining 30 Index: This index comprises our top thirty (30) promising junior mining exploration companies. We use various proprietary criteria in selecting these companies including market capitalization, trading volume, exploration location, type and size of deposits and their exploration stage.
About Ubika Research
Ubika Research is an investment research and capital market services firm based in Toronto with a proven track record of identifying and launching coverage of high potential small cap stocks (<$5 billion) at an early stage. For more information visit www.ubikaresearch.com.
Except for the historical information presented herein, matters discussed in this document contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements.
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