Australia's Ballymore Resources jumps most in over 2 weeks on copper survey results

Ballymore Resources

10/11/2021 04:40

** Shares of gold and copper explorer Ballymore Resources
 BMR.AX  rise as much as 17.1% to A$0.24, their biggest intraday
pct gain since Oct. 25
    ** BMR says survey results confirm large copper target in
the Ruddygore mine area, north Queensland 
    ** Co adds drilling plans to test the target are underway
    ** Drilling is expected to commence in Q1 of 2022
    ** Stock hits highest level since Nov. 2
    ** Ballymore down ~39.7% since its IPO in early September 
    


 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))