Australia's Ozaurum hits over 3-week high on potential gold find
13/05/2022 03:32
** Shares of gold explorers OzAurum Resources OZM.AX rise
as much as 34.5% to A$0.195, their highest since April 21
** Co says it has completed first diamond drill hole at the
Demag Zone at Mulgabbie North in Western Australia urn:newsml:reuters.com:*:nASX8vj6mZ
** Adds co intersected mineralisation hinting at potential
gold discovery, and awaiting assays
** Starts drilling at the second diamond hole
** Stock posts its biggest intraday pct gain since April 21
** Stock up 11.5% this year, as of last close, versus with a
6.8% decline in the benchmark S&P/ASX 200 index .AXJO
(Reporting by Anan Ashraf)
((Anan.Ashraf@thomsonreuters.com;))