Australia's Kalgoorlie Gold Mining rises after starting drilling at project

Kalgoorlie Gold Mining

05/04/2024 05:00

** Kalgoorlie Gold Mining's  KAL.AX  shares rise as much as
10.7% to A$0.031, highest since Oct. 25
    ** Company says drilling underway on shallow gold targets at
Pinjin gold project in Western Australia
    ** Stock posts biggest intraday pct gain since March 18, up
for fourth consecutive session
    ** About 1.8 mln shares change hands, 3x 30-day avg volume -
LSEG
    ** Stock up ~4% YTD, as of last close

 (Reporting by Neha Soni in Bengaluru)
 ((Neha.Soni@thomsonreuters.com))