Australia's Everest Metals rises to 1-1/2-month high on acquiring gold project in WA
11/01/2023 24:27
** Shares of Everest Metals Corp Ltd EMC.AX rise as much
as 12.7% to A$0.089, their biggest intraday pct gain since Nov
25, 2022
** The mineral explorer says it going to acquire full
ownership of Revere Gold project in Western Australia from
privately owned Entelechy Resources Pty Ltd
** Adds the project has gold and copper potential
** Co says drilling programme to start in Q1 2023
** EMC stock down 54.9% in 2022
(Reporting By Udbhav Krishna P in Bengaluru)
((UdbhavKrishna.P@Thomsonreuters.com))
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