Australia's Chesser Resources hits 3-week high on finding gold potential

Chesser Resources

15/03/2022 02:24

** Shares of Chesser Resources Ltd  CHZ.AX  jump as much as
9.5% to A$0.115, their highest since Feb. 22 
    ** Gold explorer says its scoping study at Diamba Sud Gold
Project in Senegal, West Africa has confirmed a potential future
for a gold mine  urn:newsml:reuters.com:*:nASM0003IU
    ** Says project has a 7-1/2-year life span, could produce
704koz gold at an average all in sustaining cost of $820/oz
    ** Shares to mark best day since March 3 if gains hold 
    ** Stock down 19.2% this year, as of last close

 (Reporting by Archishma Iyer)
 ((Archishma.Iyer@thomsonreuters.com;))