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Stocks of the Hour: EEG, KGD, WIA

Abbey Phillipps from Finance News Network breaks down some stocks making noise in today's ASX trading session.

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Empire Energy (ASX:EEG) has announced a major Beetaloo resource upgrade. In response, MD Alex Underwood stated, โ€œThe volumes delineated in EP187 represent a nationally significant resource of low CO2 gas.โ€ Shares are trading 2.7 per cent higher at 19 cents.

Kula Gold (ASX:KGD) reports progress on potential lithium bearing pegmatites at the recently acquired Kirup Project. Kulaโ€™s CEO Ric Dawson said, โ€œThe Kirup Project is progressing to drill programmes on these new prospects.โ€ Shares are trading 35.71 per cent higher at 1.9 cents.

WIA Gold (ASX:WIA) has intercepted thick, high-grade gold intercepts at their Kokoseb deposit. Executive Chairman, Andrew Pardey, commented: โ€œ[One of our holes] confirms that high-grade mineralisation extends to almost 200m below the existing resource.โ€ Shares are trading 20.69 per cent higher at 3.5 cents.

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