Australia's Gold 50 jumps on gold intersection at Arizona project
19/06/2023 04:25
** Shares of Gold 50 G50.AX jump as much as 39.3% to
A$0.195, set for best day since Nov 9 if current gains hold
** Precious metals explorer says drilling intersected
"high-grade" gold-silver mineralisation within several broad
mineralised zones at its Golconda Project in Arizona, U.S.
** G50 stock at its highest level since April 26
** Stock down 44% YTD as of last close
(Reporting by Ayushman Ojha in Bengaluru)
((Ayushman.ojha@thomsonreuters.com;))