Australia's Spartan Resources hits over 3-year high on positive drilling results

Spartan Resources

04/03/2024 02:59

** Shares of Spartan Resources  SPR.AX  rise as much as 12%
to A$0.560, highest level since Oct. 21, 2020
    ** Gold co says it achieved positive drilling results from
100%-owned Dalgaranga gold project in Western Australia 
    ** Significant intercepts from resource in-fill and
exploration drilling at high-grade Never Never Gold Deposit - co
    ** Set for best day since Dec. 14, if gains hold    
    ** 8.8 mln shares change hands, compared with the 30-day
average volume of 1.8 mln     
    ** Set for fourth straight day of gains, if trend holds
    ** SPR down 3.9% YTD, as of last close

 (Reporting by Adwitiya Srivastava in Bengaluru)
 ((Adwitiya.Srivastava@thomsonreuters.com;))