Australia's Mamba Exploration rises as co confirms high-grade copper, silver at WA project

Mamba Exploration

28/10/2021 05:14

** Shares of Mamba Exploration Ltd  M24.AX  rise as much as
30% to A$0.26, mark their sharpest intraday pct gain since May
24
    ** The metal explorer says that surface sampling at its
Copper Flats project in Western Australia confirmed the presence
of high-grade copper and silver mineralisation  urn:newsml:reuters.com:*:nASX9Jhtc
    ** Says it has lodged applications for additional
exploration licences, which more than doubles the size of Copper
Flats Project
    ** Stock hits its highest since June 15
    ** More than 2 mln shares trade hands, 22 times the 30-day
average volume of 92,637 shares
    ** As of last close, stock down 34.4% since its Feb debut

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