Australia's Auteco jumps on raising stake in Canada-based gold project

First Mining Gold

18/03/2021 02:34

** Shares of Auteco Minerals Ltd  AUT.AX  surge as much as
11.5% to $0.097, their biggest intraday pct gain since Nov 13,
2020
    ** Copper focused mineral explorer says completed Stage 1
Earn In expenditure requirements for the Pickle Crow Gold
Project in Ontario, Canada  urn:newsml:reuters.com:*:nASX3v1v20
    ** Says lifts stake in the project to 51% for which it will
issue 100 mln shares to Canadian gold developer, First Mining
Gold Corp  FF.TO , which owns Pickle Crow Gold Project
    ** Stock trading at its highest levels since March 4
    ** Stock had fallen 12.1% this year as of last close

 (Reporting by Savyata Mishra in Bengaluru)
 ((Savyata.mishra@thomsonreuters.com))