Australia's Western Gold up on beginning diamond drilling in gold project

Western Gold Resources

09/04/2024 04:45

** Shares of Western Gold Resources  WGR.AX  rise as much as
17.4% to A$0.027
    ** Stock set for its best day since Nov. 30, if current
trends hold
    ** The gold explorer begins diamond drilling at Gold Duke
gold project in Western Australia, to be completed in early May
    ** Adds, project is "progressing mining approvals for Gold
King deposit" located in Western Australia
    ** Stock hits highest level since March 18
    ** Stock has fallen 28.1% this year, as of last close

 (Reporting by Rajasik Mukherjee in Bengaluru)
 ((Rajasik.Mukherjee@thomsonreuters.com;))