Australia's Capricorn Metals hits record high on buying gold project

Latitude 66

09/12/2024 02:36

** Shares of gold miner Capricorn Metals  CMM.AX  rise as
much as 2.7% to a record high of A$7
    ** Co to acquire Sylvania gold project in Western Australia
from Latitude 66  LAT.AX  for A$1.5 million ($959,850.00)
    ** Says Sylvania project contiguous to existing Karlawinda
gold project
    ** Adds acquisition to improve Karlawinda's exploration
opportunity
    ** LAT shares flat at A$0.065 as of 0227 GMT
    ** CMM shares up 47.7% YTD, including current session's
moves; LAT is up 3,150%

($1 = 1.5627 Australian dollars)

 (Reporting by Nikita Maria Jino in Bengaluru)
 ((Nikita.Jino@thomsonreuters.com;))