Australia's Gascoyne hits over 1-month high on extending mineralisation at WA project
11/08/2022 05:56
** Shares of gold exploration co Gascoyne Resources GCY.AX
rise as much as 1.9% to A$0.275, hitting highest since June 22
** Co confirms continuity and extended mineralisation at the
Gilbey's East prospect, located near its Dalgaranga gold
operations in Western Australia urn:newsml:reuters.com:*:nASX8kRQxn
** Says one of the best results from ongoing drilling
program intercepted five metres at 7.8 grams per tonne (g/t) of
gold from 43 metres, including 1 metre at 30.1 g/t of gold
** GCY down 5.3% YTD, as of last close
(Reporting by Riya Sharma in Bengaluru)
((Riya.Sharma@thomsonreuters.com;))
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