Australia's AusQuest rises on progress in projects with South32 unit
17/03/2022 04:58
** Shares of mineral explorer AusQuest Ltd AQD.AX jump as
much as 11.1% to A$0.02, their highest level since Jan. 24
** Says it has begun exploration under its strategic
alliance agreement with a unit of major miner South32 S32.AX ,
drilling set to commence in next few days urn:newsml:reuters.com:*:nASXbPqvYX
** Will drill for copper, nickel and gold in projects
Australia and Peru
** Stock on course for biggest intraday pct gain since Jan.
31, if gains hold
** Trading volumes are over 7 times their 30-day average,
whith 5.1 mln shares having changed hands today
** AQD is flat YTD, as of last close
(Reporting by Harshita Swaminathan in Bengaluru)
((Harshita.Swaminathan@thomsonreuters.com))