Australia's Estrella Resources rises most in 2 months on nickel find

Estrella Resources

12/05/2022 06:55

** Shares of the nickel explorer  ESR.AX  rise as much as
10.5% to A$0.021, set to gain the most since March 9 
    ** Co receives assay results for majority of Phase 4
drilling  urn:newsml:reuters.com:*:nGLF44v9Xj
    ** Nickel-copper enriched sulphide plume confirmed along T5,
Broonhill prospects in Western Australia- ESR
    ** Adds co to now consider development at the Spargoville
Nickel Project, given the sharp increase in nickel price
    ** Stock has fallen 24% this year, as of last close

 (Reporting by Anan Ashraf)
 ((Anan.Ashraf@thomsonreuters.com;))