Australia's Industrial Minerals hits record high on silica sand find in WA project

Industrial Minerals

06/06/2022 04:03

** Shares of Industrial Minerals  IND.AX  rise as much as
nearly 22% to A$0.39, hitting a record high
    ** The silica sand-focused explorer says it has identified a
maiden exploration target of 8 metric tonnes (Mt) to 15 Mt at
its Stockyard Silica Sand Project in Western Australia
 urn:newsml:reuters.com:*:nASX72SK0g
    ** The explorer says more than 50 silica sand deposits have
been defined across the exploration target 
   ** As of last close, stock up 48.8% this year    


 (Reporting by Navya Mittal in Bengaluru)
 ((navya.mittal@thomsonreuters.com))