BUZZ-Australia's Lachlan Star gains on New Waverley gold project acquisition
Reuters
Feb 04
BUZZ-Australia's <a href="https://laohu8.com/S/LSLCF">Lachlan Star</a> gains on New Waverley gold project acquisition
** Shares of Lachlan StarLSA.AX rise as much as 60% to A$0.12, their highest level since late-October 2023
** The mineral explorer acquires high-grade New Waverley Gold Project, located in the Norseman Mining District, Western Australia
** Adds that project comprises a significant tenement package, including two mining leases, located along the northeastern continuation of the Woolyeenyer Formation, a key host to the multi-million-ounce gold deposits
** About 4.8 million shares change hands, 25.9 times the 30-day avg
** Lachlan stock up 73.1%, YTD
(Reporting by Anjali Singh in Bengaluru)
((anjali.singh2@thomsonreuters.com;))
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