Australia's EQ Resources climbs on increased ore reserve at tunsten project

EQ Resources

16/09/2022 05:11

** Shares of Australia's EQ Resources Ltd  EQR.AX  rise as
much as 11.1% to A$0.050
    ** The tungsten explorer' stock pace for its best day since
June 30 if gains hold
    ** Says ore reserve estimate for its Carbine Tungsten
Project in Far North Queensland nearly triples to 3.54 metric
tonnes (mt)  urn:newsml:reuters.com:*:nASX4hn3QB
    ** Co adds 29% increase in contained Tungsten oxide in open
cut ore reserves to 1.161 meter metric tonne unit 
    ** EQR down 22.4% YTD as of last close

 (Reporting by Nausheen Thusoo)
 ((Nausheen.Thusoo@thomsonreuters.com;))