Australia's Prodigy Gold rises on recommencing drilling at Lake Mackay project

Prodigy Gold NL

15/11/2022 04:00

** Shares of mineral explorer Prodigy Gold  PRX.AX  jump as
much as 18.2% to A$0.013, on track for their best day since May
26
    ** Co says exploration activities have recommenced Lake
Mackay JV Project with a diamond drilling program, following a
rights issue to raise A$11.7 mln ($7.84 mln)  urn:newsml:reuters.com:*:nASXbnxxTb
    ** Says drilling is expected to take two to three weeks to
complete and results are expected during Northern Territory wet
season
    ** PRX hits its highest level since Sept 6
    ** Stock down 65.6% this year as of last close
($1 = 1.4919 Australian dollars)
 (Reporting by Ayushman Ojha in Bengaluru)
 ((Ayushman.Ojha@thomsonreuters.com))