Australia's Anax Metals hits highest in a decade on copper-zinc sulphide find

Anax Metals

12/04/2022 04:56

** Shares of Anax Metals Ltd  ANX.AX  jump as much as 50% to
A$0.145, their highest since July 26, 2011
    ** The mineral explorer says https://www.asx.com.au/asxpdf/20220412/pdf/457y38qvxfddfq.pdf
 its has intersected huge copper and zinc sulphides at the
Evelyn Deposit at the Whim Creek project in the Western Pilbara
region 
    ** Adds it has discovered massive to semi-massive sulphides
at the Salt Creek Deposit in the same project
    ** Says that preparation for the metallurgical composites
have started by using representative samples from both deposits 
    ** Shares mark best intraday session since Feb 5, 2021    
    ** Stock up 16.9% this year, as of last close


 (Reporting by Archishma Iyer)
 ((Archishma.Iyer@thomsonreuters.com;))