Miner Conico soars to 11-month high on finding sulphides in Western Australia

Greenstone Resources

18/08/2022 06:55

** Conico Ltd  CNJ.AX  jumps as much as 31.1% to A$0.059,
its highest since Sept. 20, 2021
    ** Co says continuous zone of patches of sulphides has been
intersected during phase 1 drilling campaign at Mt Thirsty Joint
Venture in Western Australia, a JV with Greenstone Resources Ltd
 GSR.AX  (https://bit.ly/3K6clP0)
    ** Says drill campaign is testing for extensions to recent
palladium-platinum-gold-copper-nickel discovery by another miner
    ** Stock posts its biggest intraday pct gain since July 8
    ** More than 163 mln shares change hands, compared with the
30-day average volume of about 21 mln
    ** Stock had risen 25% this year, as of last close

 (Reporting by Echha Jain in Bengaluru)
 ((Echha.jain@thomsonreuters.com))