Shares of LCL Resources (ASX:LCL) surged as high as 3.6% to reach A$0.029, marking their highest level since October 3.

The company is poised for a second consecutive day of gains, assuming the trend continues.

Furthermore, over 1.6 million of its shares were traded, in comparison to the 30-day average of 550,280 shares.

LCL Resources announced that it secured a pivotal environmental license for the Miraflores deposit at Quinchia gold project in Colombia.

Further, the company has successfully embarked on the process of securing consent from the remaining 10 private landowners.

As of the last close, LCL Resources stock has declined 51% this year.

LCL Resources is a company involved in mining operations, with a particularly strong focus on gold deposits.