Enertopia Corporation (OTCMKTS:ENRT) Stock Jumps After Second Update to Spring Drilling Program
Enertopia Corporation (OTCMKTS:ENRT) is known as a company which seeks to create value for its shareholders through its Nevada lithium claims, green technology pending patents and intellectual property. Yesterday, it was in the news after it came up with an update with regards to its lithium project.
Trading Data
On Tuesday, ENRT stock gained 12.39% to $0.0490 with more than 10.10K shares, compared to volume of 56.45K shares. The stock moved within a range of $0.0420 – 0.0490 after opening trade at $0.0420.
Enertopia Announces Second Update to Spring Drilling Program at WT Lithium Project
The company announced that as many as 273 drill samples from the first five completed drill holes had been received by ALS labs of Reno, Nevada. The crew which had been working on the drilling program were back from their weekly off and had gone back to drilling again. The crew would go for a short holiday during the Easter holiday period and would be back again to complete the drilling program.
The company expects the drilling program to be completed at some point in the third week of April. However, it was also noted that Enertopia Corporation was going to continue to provide periodic updates with regards to the drilling program as it keeps progressing.
Each hole which had been a part of the drilling program for 2023 had intersected the green claystone horizon. It was a significant update from the company and it is likely that investors are going to keep their eyes peeled for the next updates.
