Ausgold shares rise 14.8% since last Thursday after Katanning drill update

Ausgold has released new assay results from extensional and infill drilling at its 100%-owned Katanning Gold Project in Western Australia, highlighting intervals including 26 metres at 3.03 grams of gold per tonne. The company said it has completed 56,115 metres of drilling across 373 holes and is preparing to start a further 25,000 metres. The stock is up 14.8% since last Thursday’s close and 25.4% over the past 12 months.