Here To Serve Holding Corp (OTCMKTS:HTSC) Stock In Focus: Company Detects Drill Targets at Gowan Property
Shares of Here To Serve Holding Corp (OTCMKTS:HTSC) closed lower in the previous session.
Market Stats
On Monday, HTSC stock fell 2.53% to $0.0770 with more than 240k shares, compared to its average volume of 100K shares. The stock moved within a range of $0.0686 – 0.0800 after opening trading at $0.0790.
Fortune Nickel and Gold Identifies Drill Targets at Gowan Property in Ontario, Canada
Wholly owned subsidiary of Here To Serve Holding Corp (OTCMKTS:HTSC), Fortune Nickel and Gold Inc, has announced on February 14, 2022, about finishing the ground induced polarization (IP) and total magnetic survey on its 100% owned Gowan Project in the Timmins Mining Camp in Northeast Ontario, Canada.
The Project is unique in that the geology can host porphyry related gold deposits in addition to nickel and volcanogenic massive sulphides (VMS) deposits. Ground IP survey has detected two significant conductor anomalies.
It is potentially a copper-zinc VMS target at the southeast portion of the property. The area has a favorable geological setting associated with a regional splay fault, volcanic sediment contact on an anticline, as well as proximity to Falconbridge historic hole (G15-03) located about 200m south of Anomaly A which reported mineral occurrences of copper and zinc in drilling.
It consists of Crawford-style nickel-copper sulphides within the ultramafic rocks. The moderate to strong magnetic anomaly, which is indicative of underlying ultramafic rocks was detected across all three survey lines that extends about 400m from west to east, and on same trend with the high-grade historic RC hole FH-68 with 3.5% Ni and 1.25% Cu on a near surface basal till sample.
Priority targets will be drilled ASAP after getting the go-ahead for drilling permits, from the Ministry of Energy, Northern Development and Mines.
Traders Corner
HTSC stock is trading below the 20-Day and 50-Day Moving averages of $0.0786 and $0.0788 respectively. The stock is trading in neutral zone with the RSI at 48.
