Why the Province Resources (ASX:PRL) share price is up 12%

Today, the Province Resources Ltd (ASX: PRL) share price is up 12.59% to 15cents at the time of writing. This movement is likely to be driven by its landholding announcement from Wednesday. 

Let’s take a closer look at the announcement and what it means for the Province share price.

What’s driving the Province Resources share price? 

On Wednesday, Province announced that it had recently applied for a further 864km² in the Gascoyne coastal region. The reason behind this move is to add to its existing industrial minerals Gascoyne Project. In addition to its HyEnergy Zero Carbon Hydrogen Project. The current project area for its two projects…