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MAN — Mandrake Resources News Story

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Australia's Mandrake Resources rises on drilling permit for gold-copper project

BUZZ-Australia's Mandrake Resources rises on drilling permit for gold-copper project

** Shares of Mandrake Resources MAN.AX rise as much as 10% to A$0.022, their highest since July 15

** Stock logs its largest intraday pct gain since May 13, set for best week in more than a year - having gained nearly 16% so far this week

** Exploration firm says it has received approval for an environmental mining licence for its Berinka gold-copper project

** Says this is the final regulatory step required ahead of drilling, with mobilisation and commencement of programme scheduled for next month

** YTD, stock down over 4%


(Reporting by Tejas Harish in Bengaluru)

((tejas.harish@thomsonreuters.com;))

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