Australia's Develop Global gains on copper-zinc intersection at NSW project

Develop Global

16/05/2023 03:37

** Shares of Develop Global Ltd  DVP.AX  rise as much as
8.9% to A$3.55 - their highest since Feb 22
    **  Resource exploration co says drilling has intersected
"thick, high-grade" copper and zinc mineralisation at its
Woodlawn copper-zinc-silver project in New South Wales
    ** Co says the copper and zinc intersection is thickest-ever
and would lead to increase in project resources
    ** DVP set for best day since May 5, if gains hold
    ** Stock up 2.2% YTD, as of last close
 

 (Reporting by Ayushman Ojha)
 ((Ayushman.Ojha@thomsonreuters.com;))