Western Gold Resources gains most on rare-earths find in WA project

Western Gold Resources

26/05/2022 06:25

** Shares of the Australian gold explorer  WGR.AX  rise as
much as 30.4% to A$0.150, their biggest intraday pct gain 
    ** Western Gold says its exploration drill programme has
intersected numerous rare-earths elements and minerals at the
Brilliant prospect of the Gold Duke project in Western Australia
 urn:newsml:reuters.com:*:nASX9sJGsW
    ** Adds that pending assays for rare-earths elements and
lithium intersections are expected to be received next month 
    ** Shares hit their highest since April 8 
    ** More than 623,600 shares change hands, as compared with
the 30-day average volume of ~139,190 shares  
    ** WGR down 25.8% this year, as of last close, vs a 4.4%
decrease in the benchmark S&P/ASx 200 index  .AXJO  


 (Reporting by Roushni Nair in Bengaluru)
 ((Roushni.Nair@thomsonreuters.com;))