PERTH (miningweekly.com) – The share price of ASX-listed junior Segue Resources rose by more than 38% on Monday, after the company recovered several gold nuggets from its Pilbara project, in Western Australia.
The company noted that prospectors at one of its exploration licences within the Mallina basin had uncovered several gold nuggets.
The company told shareholders that it would now undertake geological mapping and rock chipping on the areas around the gold nugget discoveries in December this year.
The systematic prospecting and exploration of all the Pilbara gold tenements, covering over 600 km2, will start in the first quarter of next year, once all approvals and access agreements were in place.
Segue traded at a high of 10.5c a share on Monday, up from a low of 8.7c a share.
Edited by: Creamer Media Reporter
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