Australia's De Grey Mining gains most in nearly 3 weeks on exploration expansion prospects

Novo Resources

01/07/2019 02:13

** Shares of De Grey Mining Ltd  DEG.AX  rise as much as
3.9% to A$0.080, their biggest intra-day pct gain since June 11
    ** The gold-focused explorer expands exploration potential
by signing Letter of Intent with Novo Resources Corp  NVO.V 
 urn:newsml:reuters.com:*:nASXbg3xZX
    ** Under the LoI, Novo has the right to explore De Grey’s
project for gold-bearing lag gravel deposits for an initial
three-year period
    ** As of last close, De Grey stock has fallen more than 38%
this year

 ((Reuters Messaging:
abyjose.koilparambil.thomsonreuters.com@reuters.net))