BUZZ-Australia's Rincon Resources up on drilling update at WA project

Reuters2023-11-20

** Shares of Rincon Resources Ltd rise as much as 20% to A$0.036

** Copper-gold explorer says it intersected a 29 metre zone of quartz-pyrite mineralization down-dip of the high-grade gold mineralization in the Westin target area, part of the South Telfer project in Western Australia

** Says site work will commence this week at the West Arunta project in Western Australia

** About 1.8 mln traded hands by 03:58 GMT, compared with the 30-day average of ~404,000 shares

** Stock down ~64.7% so far this year

(Reporting by Sneha Kumar in Bengaluru)

((Sneha.Kumar@thomsonreuters.com))

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