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Basic MaterialsAdventurousMid Cap

Gascoyne Resources rises on gold discovery at Western Australia project

** Shares of gold explorer Gascoyne Resources  GCY.AX  climb
as much as 16.7% to A$0.385, their highest since Aug. 29
    ** Shares mark their biggest intraday pct gain since Aug. 16
    ** Co finds another thick, high-grade gold intercept at
recently discovered Never Never lode at its Dalgaranga Gold
Project in Western Australia  urn:newsml:reuters.com:*:nASX6dKKQr
    ** About 2.3 mln shares change hands, 1.7 times the 30-day
average of about 1.4 mln shares
    ** As of last close, stock up 15.8% this year

 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))

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