For the tale of the tape, the TSX Exchange added 1.50%, while the TSX Gold Index gained 0.8% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, rallied 0.71% and low and behold the advancing issuers beat out the decliners by a 471 to 388 margin on pathetic volume of 109 million shares traded.

Hathor Exploration (CVE:HAT) got a boost after the company announced the latest batch of drill results from its 90% owned Midwest NorthEast property in Saskatchewan Highlights included 69 metres grading 2.33% U3O8. Hathor ended the day up C$0.43 at C$4.04, while 10% owner Terra Ventures added C$0.02 to close at C$0.92.

Meanwhile, StrataGold (TSE:SGV) added C$0.015 to C$0.08 following news that a 16.52 metre drill intercept returned 0.5% tungsten oxide at its Dublin Gulch property in the Yukon.

A rather quiet news day on Thursday and one would suspect more of the same for Friday trading as investors head into a long weekend. We will see what Friday trading has in store.

Source: Resource Stock Roundup: Saturday, August 29th, 2008