Australia's Cobre rises on copper-silver finds at Botswana project

Cobre

05/12/2022 24:40

** Shares of mineral explorer Cobre Ltd  CBE.AX  rise as
much as 20.5% to A$0.265, their biggest intraday pct jump since
Oct 28
    ** Co says assay results from Comet target at its Ngami
Copper Project in Botswana have returned high-grade
copper-silver results
    ** Says assay results also confirm visual copper
mineralisation estimates
    ** STock hits highest since Nov. 25
    ** Trading volumes are twice the 30-day average of 2.2 mln
shares
    ** As of last close, stock has more than doubled in value
this year
 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))