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RGL — Riversgold News Story

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Riversgold surges on winning lease for Western Australia project

BUZZ-Riversgold surges on winning lease for Western Australia project

** Shares of Riversgold RGL.AX rise as much as 20% to A$0.012, their highest level since June 18

** Stock logs largest intraday pct gain since late March

** Metal explorer says Mining Lease M25/389 covering co's Northern Zone gold project in Western Australia has been granted

** Says lease granted for 21 years with possibility for renewal

** Stock up 57.1% YTD, including the day's moves


(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com;))

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