Australia's Everest Metals rises on acquiring exploration licences in WA
09/01/2024 04:40
** Shares of Everest Metals Corp Ltd EMC.AX rise as much
as 4.9% to A$0.085, their highest since Jan 2
** Stock set to gain the most since Jan 2, if current trend
holds
** EMC acquires two exploration licences, applies for a new
exploration licence at the Revere gold & base project in the
mid-west region of Western Australia
** Says the new tenements connect the structural corridor
over the significant portion of the Revere Reef magnetic
deposits
** Stock up 1.3% this year, as of last close
(Reporting by Poonam Behura in Bengaluru)
((Poonam.Behura@thomsonreuters.com;))
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