Australia's Askari Metals soars on high-grade gold intersection at WA project

Highland Metals

18/05/2022 02:25

** Shares of Askari Metals  AS2.AX  climb as much as 16.2%
to A$0.575, eye best day since April 8, if gains hold
    ** The metal explorer says shallow high-grade gold
intersected at the Burracoppin Gold Project located in the
eastern Wheatbelt in Western Australia  urn:newsml:reuters.com:*:nASXt65Sn
    ** Adds that a further 3,000m of Reverse Circulation (RC)
drilling planned to follow up on the significant results and
test new targets 
    ** Stock heads for its third straight session of gains
    ** AS2 hits highest level since May 6
    ** Stock has risen over two-fold this year, as of last close

 (Reporting by Jaskiran Singh in Bengaluru)
 ((Jaskiran.Singh@thomsonreuters.com;))