Western Yilgarn NL (ASX:WYX) has three secured exploration licences E09/2986, E09/2987, and E09/2988 at the Gascoyne Gold Project in Western Australia, according to a Tuesday filing with the Australian bourse.
The company has started a geological and geophysical review to identify drill targets and start ground exploration at the project, the filing said.
Shares of the company rose past 14% in recent Wednesday trade.