Australia's Great Boulder Resources jumps on gold recovery at WA project
25/03/2022 24:47
** Shares of gold explorer Great Boulder Resources GBR.AX
climb as much as 12% to A$0.140, on track for their best day
since Jan 28, if gains hold
** Co says https://www.asx.com.au/asxpdf/20220325/pdf/457bqm64sc2hq2.pdf
metallurgical test results show 99.7% recovery of gold in a
sample from the Mulga Bill prospect at co's Side Well Gold
project in Western Australia
** Adds diamond drilling at Mulga Bill is ongoing and RC
drilling is scheduled to resume in the first week of April
** More than 2 mln shares have changed hands, vs the 30-day
average of about 1.7 mln shares
** Stock down ~9.1% this year, as of last close
(Reporting by Upasana Singh in Bengaluru)
((Upasana.Singh@thomsonreuters.com))