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SHARES in Gascoyne Resources surged by more than 15% today after the explorer announced a 72% increase in resource tonnage and an 80% increase in gold ounces at its Dalgaranga project in Western Australia.
Recent drilling and remodelling at the site’s Gilbeys pit resulted in a 12.9 million tonne resource grading 1.7 grams per tonne gold for 685,000 ounces of gold using a 1gpt cut-off.
Dalgaranga operation firmly in its gold groove
Gascoyne speculates on mine life growth
