BUZZ-Australia's Yandal Resources soars on potential large-scale gold discovery

Reuters
07-10
BUZZ-Australia's <a href="https://laohu8.com/S/YRL.AU">Yandal Resources</a> soars on potential large-scale gold discovery

** Shares of Yandal Resources Ltd YRL.AX jump 75.8% to A$0.16, their highest level since May 20

** Gold miner set for best session since October 21, 2024

** Co says initial drilling results in its Arrakis gold project in Western Australia indicate a large-scale target for gold discovery

** YRL rose as much as 92.3% to A$0.175 earlier in session

** Around 914,392 shares change hands, over 4x the 30-day average trading volume of about 231,394

** YTD, stock down 8.6%, including session gains

(Reporting by Shruti Agarwal in Bengaluru)

((Shruti.AgarwalRoshan.Thomas@thomsonreuters.com))

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