BUZZ-Australia's Adavale Resources hits 3-week high on buying gold project

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** Adavale Resources ADD.AX soars as much as 40% to A$0.004, highest since Nov. 8 ** However, stock set to snap 3-weeks of gains ** Miner buys 72.5% stake in Parkes Gold and Copper Project in New South Wales' Lachlan Fold Belt ** Says project consists of the London-Victoria gold mine, with a deposit estimate of 124koz of gold ** Stock down 64.3% this year, as of last close (Reporting by Nichiket Sunil) (([email protected];))
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Published Date
29 Nov 2024 at 11:55 AM
Publisher
Refinitiv
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