Australia's BMG Resources rises on recommencing drilling at gold project

WA Gold

02/06/2022 05:01

** Shares of mineral explorer BMG Resources Ltd  BMG.AX 
rise as much as 16.3% to A$0.050,  their biggest intraday gain
since April 27
    ** Co says the next phase of drilling has re-commenced at
its Abercromby Gold Project in Western Australia
    ** Says the includes diamond and aircore drilling at the
prospects and will focus of resource definition
    ** Shares hit their highest since May 13
    ** As of last close, stock down 27.1% this year

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