Australia's Tombola Gold hits over 4-month high on gold find

Tombola Gold

10/03/2022 02:00

** Shares of Tombola Gold  TBA.AX  rise as much as 14.3% to
A$0.040, their highest since Nov. 1, 2021
    ** Co says https://www.asx.com.au/asxpdf/20220310/pdf/456wd29ss91yk5.pdf
 gold assays in the northern part of the Shamrock pit at Mt.
Freda Complex in Queensland have confirmed and extended gold
lode mineralisation
    ** Says results will be followed up with an
infill/extensional RC drilling programme currently being
planned, which is expected to commence in the September 2022
quarter 
    ** Stock posts its biggest intraday percentage gain since
Feb. 3
    ** More than 8 mln shares change hands, vs the 30-day
average of about 1.5 mln shares 
    ** Stock marks a fourth straight session of gains
    ** TBA up ~16.7% this year, as of last close 

 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))