Australia's Variscan Mines jumps most in a year on zinc find in Spain

Altoro Metals

05/10/2023 04:55

** Shares of Variscan Mines Ltd  VAR.AX  rise as much as
46.7% to A$0.022, marking its biggest intraday gain since Oct.
6, 2022
    ** Stock hits highest level since April 14
    ** Natural resources co says it has intersected high-grade
zinc from underground drilling at San Jose mine in Spain
    ** Co says La Catedral area hosted extensive mining of high
grade ore zones
    ** Drilling continuing to end of 2023 calendar year - co
    ** 15 mln shares change hands, compared with the 30-day
average volume of 252,353
    ** Stock down 11.8% YTD, as of last close

 (Reporting by Adwitiya Srivastava in Bengaluru)
 ((Adwitiya.Srivastava@thomsonreuters.com;))