Australia's Gascoyne rises most in 3 weeks on gold find in WA

Spartan Resources

13/07/2022 02:17

** Shares of gold exploration co Gascoyne Resources  GCY.AX 
rise as much as 14.63% to A$0.235, set for their best session
since June 22
    ** GCY says high-grade gold intercepts were identified at
Gilbey's North discovery in Western Australia  urn:newsml:reuters.com:*:nASX79wmW0
    ** Says maiden mineral resource estimate is underway
    ** Shares hit their highest levels since July 7
    ** More than 1.1 million shares change hands, compared with
the 30-day average volume of about 655,000 shares
    ** Stock has fallen about 28% this year, as of last close

 (Reporting by Anan Ashraf in Bengaluru)
 ((Anan.Ashraf@thomsonreuters.com;))