Australia's Labyrinth Resources rises on gold find at WA project

Gorilla Gold Mines

02/05/2023 06:44

** Shares of Labyrinth Resources  LRL.AX  rise as much as
16.7% to A$0.014, on track for best session since April 11
    ** Co announces high-grade assays from its first drilling
program at the Comet Vale gold project in Western Australia
    ** "We have every reason to be confident about the outlook
for Comet Vale," says LRL
    ** Nearly 1.5 mln shares have changed hands, compared with
the 30-day average of about 802,000 shares 
    ** Stock down ~29.4% so far this year, as of last close 
    


 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))