Australia's LCL Resources soars on sale option for Colombian assets

LCL Resources

17/04/2025 04:38

** LCL Resources LCL.AX soars 14.3% to A$0.008, highest since April 7

** Mineral explorer gives exclusive and binding option for its Colombian assets to Tiger Gold Corp for A$10 mln ($6.4 mln) in cash

** Assets include Andes Gold Project and the Quinchia Gold Project

** Stock set for second straight session of gains

** YTD, LCL down 30%

($1 = A$1.5728)

 (Reporting by Adwitiya Srivastava in Bengaluru)

 ((Adwitiya.Srivastava@thomsonreuters.com))