more outstanding gold results, page-7

0402 GMT [Dow Jones] Citadel Resource (CGG.AU) jumps to 32.0 cents before easing, last
up 4.0 cents or 16% at 28.5 cents on heavy trading of 7.7 million shares. Rise follows
issue of wide, high-grade intercepts of gold ore from first exploration hole at Shayban
gold project, Saudi Arabia, including 39 meters grading 37.8 grams/metric ton. CGG awaits
further results from drilling, but already planning to fast track further drill work on
closer spacing at Shayban which, if repeated, suggests something commercial possible. CGG
building presence in Saudi Arabia, where its Jabal Sayif copper-zinc project
"continues to produce exceptional results", leading to a resource upgrade a
month ago, it says. (RCB)