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GNM Great Northern Minerals News Story

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Basic MaterialsHighly SpeculativeMicro CapSucker Stock

Australia's Great Northern Minerals rises on buying gold-silver project in U.S.

** Shares of Great Northern Minerals GNM.AX rise 20% to A$0.036, their highest level since March 16

** Shares on track to gain most since Feb 18 if trends hold

** Mineral explorer enters binding exploration lease and option to purchase agreement to buy Iron Butte Gold–Silver Project in Nevada, U.S.

** About 2.3 mln shares change hands, 4.4x the 30-day average of 526,318

** Stock down 20% YTD including current moves

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((Jasmeenaraislam.Shaikh@thomsonreuters.com;))

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