Australia's Riversgold jumps most in over 1 year on nickel tenement grant

Riversgold

11/01/2022 24:09

** Gold explorer Riversgold Ltd  RGL.AX  jumps as much as
33.3% to A$0.024, its biggest intraday pct jump since
early-November 2020
    ** Says https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02474548-6A1071830?access_token=83ff96335c2d45a094df02a206a39ff4
 a prospective nickel tenement has been granted in Western
Australia after a heritage agreement with native title parties
    ** Review of historical data confirms likelihood for both
gold and nickel at the tenement
    ** RGL hits highest since Oct. 29, 2021; more than 6.3 mln
shares change hands, vs the 30-day average of 538,000 shares
    ** Up ~6% this year, as of last close

 (Reporting by Sameer Manekar in Bengaluru)
 ((Sameer.Manekar@thomsonreuters.com; Twitter: https://twitter.com/sameer_manekar))