Australia's Lode Resources rises on positive drilling results

Lode Resources

23/06/2022 05:27

** Shares of base metal explorer Lode Resources  LDR.AX 
climb as much as 27.3% to A$0.210
    ** Says https://www.asx.com.au/asxpdf/20220623/pdf/45b5ks2st9sn4w.pdf
 drilling at its Webbs Consol Silver-Base Metal project in New
South Wales has intersected thick 31.1 metres of sulphide
mineralisation 
    ** Adds significant silver mineralisation is also
anticipated in assays
    ** More than 1.9 mln shares have changed hands, compared
with the 30-day average of about 780,000 shares 
    ** Stock down ~17.5% so far this year, as of last close 
    


 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))