Alianza Minerals (OTCMKTS:TARSF) (TSXV:ANZ) Stock Gains Momentum: What’s The Buzz?
This morning the Alianza Minerals (OTCMKTS:TARSF) (TSXV:ANZ) stock is expected to be in focus among several investors considering the fact that on Wednesday the stock had moved strongly and clocked gains of as much as 10%. In this context, it may be a good idea for investors to consider taking a look at the announcement made by the company yesterday.
Market Stats
On Wednesday, TARSF stock moved up 10.18% to $0.0565 with more than 2.5k shares, compared to its average volume of 59.76k shares. The stock moved within a range of $0.0544 – 0.0565 after opening trading at $0.0544.
Alianza Minerals Files Technical Report for Haldane Project and Files Annual Information Form
Allianza announced on Wednesday that it had filed a technical report to SEDAR which is compliant with National Instrument 43-101. The report in question was in relation to the Haldene project, which is owned by the company in its entirety.
The report that was submitted by the company is titled “Technical Report on the Haldane Project, Yukon, Canada”. While the development in itself is a significant one and the rally was perhaps understandable, it is going to be interesting to see if the stock can manage to hold on to its momentum over the coming days.
The effective date on the technical report is December 21, 2021 and had been prepared by Murray Jones, a qualified person employed with Exploration Consultants Ltd. It may be a good idea to perhaps add the Allianza stock to your watch lists at this point.
Key Quote
“We have had successful campaigns at Haldane, both at the West Fault and Middlecoff zones,” stated Jason Weber, P.Geo., President and CEO of Alianza. “Both targets are open to depth and along strike in both directions and show evidence of multiple fault movements and mineralizing events that may be conducive to forming larger mineralized bodies. We look forward to advancing both of these targets and others at Haldane.”
Traders Corner
TARSF stock is trading below the 20-Day and 50-Day Moving averages of $0.0571 and $0.0587 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0713.
