Australia's Black Cat Syndicate jumps most in over 1 week on drilling update

Black Cat Syndicate

29/11/2023 04:30

** Shares of gold miner Black Cat Syndicate  BC8.AX  rise as
much as 12.5% to A$0.270
    ** Stock hits highest level since Nov. 22; on track for best
day since Nov. 13, if current gains hold 
    ** Co says drilling program at Belvedere, part of Paulsens
Gold Operation, extended on positive results 
    ** Says extended program will also test other extensions to
Belvedere Resource
    ** About 1 mln shares traded, compared with 30-day average
volume of ~555,396 
    ** Stock down 32.4% this year, as of last close

 (Reporting by Sneha Kumar in Bengaluru)
 ((Sneha.Kumar@thomsonreuters.com;))