Australia's Helix resources rises on acquiring Arizona copper-gold project

Helix Resources

28/03/2025 02:16

** Shares of Helix Resources HLX.AX rise 50% to A$0.003

** Stock set for its strongest session since August 16, 2024, if gains hold

** The diversified miner enters conditional binding agreements to acquire White Hills copper-gold project in Arizona, U.S.

** Co says project is located in a highly prospective belt for copper-gold mineral deposits and is host to several multi-million ounce gold deposits

** Stock down 25% YTD, including current session's moves

 (Reporting by Manasi Dasa in Bengaluru)

 ((Manasi.DasaSundeep@thomsonreuters.com;))