Australia's Avenira rises on 'promising' gold mineralisation at WA project

Avenira

29/06/2022 05:35

** Shares of miner Avenira Ltd  AEV.AX  climb as much as
18.2% to A$0.013, set to mark their best day since May 19, if
gains hold 
    ** Co says it has detected "promising" gold mineralisation
in composite analytical results from its Jundee South gold
project in Western Australia  urn:newsml:reuters.com:*:nASX8HHBp5
    ** Stock posts its biggest intraday percentage gain since
June 23
    ** Co says it conducted a 23-hole reverse circulation drill
programme at Jundee South project, which aimed to test beneath
the existing anomalies
    ** Co says will now plan follow-up reverse circulation and
aircore drilling to take place in the fourth quarter
    ** Stock down 33.2% YTD, as of last close 
    


 (Reporting by Riya Sharma in Bengaluru)
 ((Riya.Sharma@thomsonreuters.com;))