Australia's Monger Gold climbs most in 3 weeks on gold-copper find at WA project

Loyal Metals

24/05/2022 03:48

j    ** Shares of the metals explorer  MMG.AX  soar as much as
19.4% to A$0.370, their biggest intraday pct gain since May 3 
    ** Monger Gold says results from one diamond drill hole at
the Providence Prospect of Mt Monger North project in Western
Australia show copper assays returning with significant results
 urn:newsml:reuters.com:*:nASX8cZnV5
    ** Adds diamond drill programme also backed another drill
hole with a different mineralization style of gold associated
with copper 
    ** Shares hit their highest levels since May 9 
    ** More than 521,200 shares change hands, as compared with
the 30-day average volume of ~466,700 shares  
    ** Stock up 47.6% this year, as of last close, vs a 3.9%
decrease in the benchmark S&P/ASX 200 index  .AXJO  


 (Reporting by Roushni Nair in Bengaluru)
 ((Roushni.Nair@thomsonreuters.com;))