Prosperity Resources jumps on new gold hits

SHARES in Prosperity Resources have surged this morning on the back of strong drilling results at the Melville prospect and around the old City of Melbourne mine, both part of the Yalgoo gold project east of Geraldton in Western Australia.

Prosperity Resources jumps on new gold hits Prosperity Resources jumps on new gold hits Prosperity Resources jumps on new gold hits Prosperity Resources jumps on new gold hits Prosperity Resources jumps on new gold hits

After opening trading this morning at 18 cents on the Australian Stock Exchange, the stock soon jumped as high as 28.5 cents.

It has since dropped back and is currently trading around 24.

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