July 1, 2019 / 1:14 AM / 4 months ago

BUZZ-Australia's De Grey Mining gains most in nearly 3 weeks on exploration expansion prospects

** Shares of De Grey Mining Ltd rise as much as 3.9% to A$0.080, their biggest intra-day pct gain since June 11

** The gold-focused explorer expands exploration potential by signing Letter of Intent with Novo Resources Corp

** Under the LoI, Novo has the right to explore De Grey’s project for gold-bearing lag gravel deposits for an initial three-year period

** As of last close, De Grey stock has fallen more than 38% this year

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