Australia's New Age Exploration rises on licence grant, mineral find

New Age Exploration

16/06/2021 05:56

** Shares of the gold explorer New Age Exploration  NAE.AX 
rise as much as 16.7% to A$0.014
    ** Co says it was granted three exploration licences within
the Quartz Hill Gold project in Western Australia  urn:newsml:reuters.com:*:nASX352jzz
    ** Adds aero-magnetic survey of the Bullock Well Gold
Project and the Quartz Hill Gold Project showed several gold
targets, along with nickel/copper/cobalt targets 
    ** Stock posts its biggest intraday pct gain since May 11
    ** About 10.9 mln shares change hands, compared with the
30-day average of about 6.5 mln shares
    ** Stock has risen 20% this year, as of last close

 (Reporting by Soumyajit Saha in Bengaluru)
 ((Soumyajit.Saha@thomsonreuters.com;))