It’s been quite a busy time over at the Canadian Penny Stocks blog. Researching some stock ideas and studying up on some investing techniques that will hopefully profit the writer (and readers) of this blog. For now, here are two companies that you might want to look at:
First Gold Exploration Inc. EFG.V – $0.63
First Gold Exploration Inc. (First Gold) is a Canada-based exploration company. The Company is involved in the acquisition, exploration and development of mining properties. The Company’s properties include Matchi-Manitou – Copper, Zinc, Gold and Silver Project, Croinor 1 – Gold Project, Lac Pivert / Rose Lithium Project and San Javier Property, Mexico – Silver-Zinc-Lead Project. The Matchi-Manitou – Copper, Zinc, Gold and Silver Project consists of 29 claims in Tavernier and Pershing townships, district of Abitibi. The Croinor 1 – Gold Project property is located 75 kilometers by road from Val-d’Or and consists of a mining lease of 90 hectares. The Lac Pivert / Rose Lithium Project consist of 95 claims covering an area of 50.3 square kilometers. The Lac Pivert showing consists of a pegmatite containing 20% spodumene, beryl and trace molybdenite. The Rose showing consists of a number of en-echelon pegmatites, individually up to 15 meters wide, crosscut by centimetric quartz veins.

Troymet Exploration Corp. TYE.V – $0.135
Troymet Exploration Corp. (Troymet) is a Canada-based company. The Company is engaged in gold and base metal exploration. The Company’s projects are located in Manitoba and British Columbia. During the fiscal year ended October 31, 2008 (fiscal 2008), the Company had four mineral projects in its property portfolio. The 8,178-hectare Golden Eagle project is located just south of the Yukon-British Columbia border, 70 kilometers west-northwest of Atlin, BC. The Company controls a 100% interest in the project through a mix of 100% owned claims and optioned claims. The 596-hectare McClarty Lake property is located 47 kilometers south-southwest of Snow Lake, Manitoba. Troymet has a 100% interest in the 7,882-hectare property located 125 kilometers southwest of Vanderhoof, British Columbia. Troymet holds 100% interest the 1,373-hectare Wheatcroft Lake property located 50 kilometers southwest of Leaf Rapids, Manitoba.

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