Australia's Los Cerros rises on gold surface expansion at Colombia project

LCL Resources

28/09/2021 06:07

** Shares of the gold-copper explorer  LCL.AX  rise as much
as 11.5% to A$0.145, marking their biggest intraday pct gain
since Aug. 10
    ** Shares hit their highest since Sept. 8
    ** Co's latest drilling results demonstrate a further
expansion of the high-grade shallow gold zone at Tesorito South,
part of its Quinchia Gold Project in Risaralda, Colombia
 urn:newsml:reuters.com:*:nASX1rWxl4
    ** LCL currently has four diamond rigs deployed at Tesorito
South focused on extending the boundaries of the gold
mineralised zone ahead of a resource drill-out
    ** More than 8 mln shares change hands, 6.5x the 30-day
average volume
    ** Up to last close, stock had risen 4% YTD 

 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))