Australia's Lode Resources jumps on commencing drilling at New England project

Lode Resources

22/11/2023 02:52

** Shares of Lode Resources Ltd  LDR.AX  rise as much as
8.97% to A$0.085
    ** Stocks snaps a three-day rally  
    **  The exploration co says drilling has commenced at the
Webbs Consol Silver Project in New England
    ** Says anomaly is the largest surface occurrence outlined
so far at the project
    ** Adds co has planned a diamond drill program to
investigate deeper mineralisation
    ** About 307,614 shares change hands, compared with the
30-day average volume of 208,563 shares   
    ** Stock down 37.6% this year as of last close

 (Reporting by Megha Rani in Bengaluru)
 ((Megha.Rani2@thomsonreuters.com;))