Australia's Brightstar Resources jumps 18% on securing gold tenements

Brightstar Resources

17/07/2023 04:37

** Shares of gold miner Brightstar Resources Ltd  BTR.AX 
jump as much as 18.2% to A$0.013
    ** Ardea Resources  ARL.AX  says executed a binding term
sheet with Brightstar for a tenement swap of exploration tenure 
    ** Ardea acquired key tenement areas for its Kalgoorlie
Nickel Project Goongarrie Hub in Western Australia 
    ** BTR stock hits highest since June 27, set for biggest pct
gain since June 20
    ** ARL shares are up 6.5% so far
    ** BTR stock down ~35% this year, as of last close 

 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com))