Australia's Kingwest Resources gains on gold find

Kingwest Resources

05/09/2022 02:32

** Shares of Kingwest Resources  KWR.AX  soar as much as
11.3% to A$0.069, their highest since Aug 25
    ** The gold miner says infill drilling completed at the
Selkirk Deposit in within the Menzies Gold Project in Western
Australia has confirmed high-nature of gold mineralization [https://bit.ly/3REPVqG
] 
    ** Shares see best day since Aug 31 - if gains hold 
    ** About 438,900 shares change hands, nearly 1.1 times
compared with the 30-day average volume of 396,200 shares 
    ** Stock has fallen ~68.2% this year as of last close

 (Reporting by Archishma Iyer in Bengaluru)
 ((Archishma.Iyer@thomsonreuters.com;))