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KNI — Kuniko News Story

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Basic MaterialsSpeculativeMicro CapSucker Stock

Australia's Kuniko jumps most in over 6 weeks on cobalt find in Norway

** Shares of Kuniko Ltd  KNI.AX  climb as much as 22.2% to
A$0.495, on track for best day since Feb 6, if gains hold
    ** Cobalt miner says exceptional cobalt mineralization drill
intersection and new shallow mineralised horizon observed at
Skuterud cobalt project in Norway
    ** Adds drilling at the Skuterud is progressing, with 6
holes completed to date for a total of 1,779 metres
    ** Stock hits highest since Feb 24
    ** More than 382,166 shares change hands, 6x the 30-day
average volume 
    ** Stock down 20.6% this year as of last close


 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))

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