Australia's Intra Energy rises on multiple metal find in WA project

Breakthrough Minerals

28/11/2022 03:30

** Shares of Intra Energy Corp Ltd  IEC.AX  rise as much as
33.3%, on track for best day since July 6, if gains hold
    ** Stock hits A$0.0080, highest since Oct 10
    ** The mining and energy co says high quality
nickel/platinum grade elements targets have been identified at
its Yalgarra project in Western Australia  urn:newsml:reuters.com:*:nASX6PWHXs
    ** Says initial results from the Northern Block area of
project confirm significant copper, nickel and platinum grade
elements anomalies 
    ** More than 1.37 mln shares traded vs 30-day avg of ~169k
    ** Stock is down ~57% YTD as of last close
 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))