Australia's Victory Goldfields soars on gold find

Victory Metals

04/05/2022 06:28

** Shares of mineral explorer Victory Goldfields  1VG.AX 
soar as much as 23.3% to A$0.185
    ** Stock set for its best intraday gain since Aug. 30, 2021,
if gains hold
    ** Co says drilling has intersected high-grade gold at its
Coodardy project in Western Australia  urn:newsml:reuters.com:*:nASX4sVL7t 
    ** Executive Director Brendan Clark says the results provide
evidence of potential for gold mineralisation to continue within
the area covered by its upcoming drilling program
    ** Shares hit highest level since March 11
    ** Stock down 26.8% YTD, as of last close 


 (Reporting by Harshita Swaminathan)
 ((Harshita.Swaminathan@thomsonreuters.com))