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Basic MaterialsAdventurousMid Cap

Australia's Gascoyne Resources jumps on visible gold finds at WA project

** Shares of gold mining and exploration firm Gascoyne
Resources  GCY.AX  rise as much as 7.4% to A$0.365, eyeing their
best day since Sept. 6, if gains hold
    ** GCY says it has intersected 40 meters of visible gold in
recent drilling at its Never Never gold deposit in Western
Australia  urn:newsml:reuters.com:*:nASX8CD0Rf
    ** Stock hits highest since Sept. 8
    ** Co says new intersection is the strongest mineralisation
seen so far in the Never Never Gold Deposit
    ** Stock up 19.3% this year, as of last close
    
  

 (Reporting By Udbhav Krishna P in Bengaluru)
 ((UdbhavKrishna.P@Thomsonreuters.com))

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