Shares in gold explorer Carrick Gold closed almost 12 per cent higher today after the company announced the start of pre-feasability studies at it's three open-pit mines north east of Kalgoorlie.

The PFS on the company's Lindsay's, Brilliant and Kalpini gold projects, located within 90 kilometre north east of Kalgoorlie will be carrie dout by Golder Associates.

At close, shares in Carrick had risen 11.97 per cent, or seven cents, to 65.5 cents.

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