Australia's Aeris Resources rises most in a week on copper discovery

Helix Resources

12/04/2022 03:39

** Shares of Aeris Resources Ltd  AIS.AX  rise as much as
5.4% to A$0.148, their biggest intraday pct gain since April 4
    ** The gold explorer says its copper assay results have
revealed visible copper sulphide mineralization from new
parallel lodes at Canbelego Joint Venture Project in Cobar
region of New South Wales  urn:newsml:reuters.com:*:nASM0007C8
    ** Canbelego Copper Project is a JV between Helix Resources
Ltd  HLX.AX  and co, with a 70:30 stake ratio 
    ** Adds that drilling is planned to resume at Canbelego in
mid-April, the start of a major drilling program at all their
prospects
    ** Stock has fallen 15.2% this year, as of last close

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