** Shares of gold explorer Ausgold Ltd AUC.AX jump as much
as 16% to A$0.058, their biggest intraday pct gain since March
25
** Co says its has hit further high-grade gold at its
Katanning gold project in Western Australia urn:newsml:reuters.com:*:nASX8vlhd1
** Stock hits highest since June 7
** Co says it underwent a program across the project to
further expand the scale of its current ore reserve, drilling 41
reverse circulation holes for 5666 metres
** AUC up 6.4% YTD as of last close
(Reporting by Riya Sharma in Bengaluru)
((Riya.Sharma@thomsonreuters.com;))