Australia's Calidus Resources gains on new gold discovery in WA

Calidus Resources

28/11/2022 03:55

** Shares of Calidus Resources  CAI.AX  rise as much as 6.9%
to A$0.39, eyeing their best day since Nov. 9, if gains hold
    ** The gold explorer says it discovered strong gold-in-soil
anomalies 7 km from its Blue Spec project in W. Australia's
Pilbara region  urn:newsml:reuters.com:*:nASX1DbLM2
    ** Says new disovery's width, grade and close proximity to
its Warrawoona gold project makes it an "extremely exciting
discovery"
    ** Stock has fallen ~42% this year, as of last close
 (Reporting by Ayushman Ojha in Bengaluru)
 ((Ayushman.ojha@thomsonreuters.com))