Okapi Resources rises to near 2-month high on drilling commencement

Global Uranium and Enrichment

11/03/2022 04:54

** Shares of Okapi Resources Ltd  OKR.AX  climb as much as
16.9% to A$0.380, their highest since Jan. 17, rising for the
fourth consecutive day   
    ** The gold explorer says it is planning a 11-hole diamond
drilling program at its Enmore Gold Project in New South Wales
    ** Says primary objective is to follow up drilling at
Sunnyside Prospect, where gold was discovered during its maiden
drilling program in Sept 2021
    ** Adds that diamond drilling is likely to start in
late-March 2022 
    ** Nearly 1.4 mln shares change hands, 6.1 times more
compared with the 30-day average volume of 221,370 shares 
    ** Stock has fallen 7.1% this year, as of last close

 (Reporting by Archishma Iyer)
 ((Archishma.Iyer@thomsonreuters.com;))