Australia's Lode Resources rises on sulphide finds at NSW project

Lode Resources

11/10/2022 03:29

** Shares of base metal explorer Lode Resources Ltd  LDR.AX 
climb as much as 8% to A$0.135, their highest since Sept 23
    ** Co intersects 47 m of sulphide mineralisation from phase
2 drilling at the Webbs Consol silver project in New South Wales
    ** Says sulphide textures range from disseminated blebs to
massive veins of both sphalerite and galena with significant
silver grades expected
    ** Says phase 2 drilling is ongoing with a total of 19 drill
holes for 2,350 m planned 
    ** Lode stock down 37.5% this year, as of last close 
 (Reporting by Echha Jain in Bengaluru)
 ((Echha.jain@thomsonreuters.com))