Australia's Traka Resources jumps on gold find at WA project

El Dorado Goldfields

22/06/2021 02:14

** Shares of gold explorer Traka Resources Ltd  TKL.AX  rise
as much as 25% to A$0.020, marking their biggest intraday pct
gain since May 28
    ** Says resource estimates at the Maori Queen and Sirdar
deposits at its flagship Mt Cattlin Gold Project in Western
Australia indicate the presence of high-grade gold  urn:newsml:reuters.com:*:nGLF6DQMB9
    ** Stock hits highest level since June 2
    ** Nearly 4 mln shares change hands, vs 30-day average
volume of ~1.3 mln
    ** Stock down 23.8% YTD, as of last close

 (Reporting by Arundhati Dutta in Bengaluru)
 ((Arundhati.Dutta@thomsonreuters.com;))