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Gascoyne's Never Never pulls miner's shares out of tailspin

HAVING delivered a disastrous quarterly production report on Friday, Gascoyne Resources managing director delivered some good news this morning, suggesting its new Never Never lode discovery has all the hallmarks of a major gold system.

Haydn Black
Never Never and Gilbey's North are right next to the main pit

Never Never and Gilbey's North are right next to the main pit

On Friday, the Western Australian gold miner's shares dropped 7% to close at 21c, just above its 12-month low of 20c, but with drilling data showing the lode has twice the depth extent previously believed...

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