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AUC Ausgold News Story

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Ausgold surges on high-grade gold hits across W.Australia project

** 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;))

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