Australia's Antilles Gold rises on mineral resource estimate increase at Cuba mine

Antilles Gold

07/07/2023 06:11

** Shares of Antilles Gold  AAU.AX  climb as much as 11.4%
to A$0.039
    ** Stock up 8.6% for the week so far 
    ** Co says that the Mineral Resource Estimate (MRE) for the
proposed La Demajagua open pit mine in Cuba has increased by
about 30% to 905,000 ounces of gold equivalent
    ** "Following receipt of the revised MRE, the final mine
plan can now be established, and incorporated in the Definitive
Feasibility Study for the first stage of the La Demajagua
project," says AAU
    ** As of last close, stock up 16.7% this year


 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))