** Shares of gold explorer Ausgold Ltd AUC.AX rise as much
as 4.2% to A$0.05, their biggest intraday pct gain since March
20
** Co says it has reported more high-grade gold results from
its multi-rig drilling programme at its Katanning gold project
(KGP) in Western Australia
** Says gold intersections demonstrated presence and
continuity of high-grade zones of mineralisation within central
zone area of project
** Ausgold stock up 4.4% YTD, as of last close
(Reporting by Riya Sharma in Bengaluru)
((Riya.Sharma@thomsonreuters.com;))