Australia's Locksley Resources rises as drilling starts at copper project

Locksley Resources

30/09/2021 05:27

** Shares of the mineral explorer  LKY.AX  rise as much as
15.6% to A$0.19, biggest intraday pct rise since Sept. 16
    ** Co says RC drilling has commenced at the Orange Plains
and Chris Watson Deposits that form part of its Tottenham Copper
Project in New South Wales, Australia  urn:newsml:reuters.com:*:nASX23QMnq
    ** Says finished the diamond program on time and within
budget "after a delayed start to the diamond drilling program
due to COVID and ongoing logistic challenges presented by the
restrictions"
    ** LKY anticipates steady flow of drilling results through
till December
    ** About 652,000 shares trade hands, 2.2x the 30-day average
volume of more than 295,000
    ** Up to last close, stock had fallen 27.3% since IPO on
July 8

 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))