Australia's Carnaby Resources soars on copper, gold find
09/05/2022 03:10
** Shares of mineral explorer Carnaby Resources CNB.AX
jump as much as 28.9% to A$1.450, set for best session since
April 4, if gains hold
** Says "wide, high-grade and very shallow copper gold
mineralisation" has been intersected at co's Lady Fanny
prospect, part of its Great Duchess Copper Gold project in Mt.
Isa, Queensland
** Stock hits highest level since April 11
** Volumes are about 2.6 times their 30-day avg of about
600,000 shares
** Stock down ~16.7% YTD, as of last close
(Reporting by Upasana Singh in Bengaluru)
((Upasana.Singh@thomsonreuters.com))
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