Australia's Metal Bank surges on gold find from WA project

Metal Bank

18/10/2022 05:39

** Shares of Metal Bank Ltd  MBK.AX  rise as much as 14.29%
to A$0.004, their biggest intraday pct gain since Oct. 10
    ** The gold-copper explorer says first gold assays from the
Livingstone gold project in Western Australia returned up to
14.10g/t Au 
    ** Additional results expected in coming weeks, adds co,
with results to guide exploration drilling for Maiden Resource
in 2023
    ** Co further adds new gold-in-soil anomaly identified 2km
due east of Livingstone North prospect, representing a potential
extension of the Livingstone North system
    ** Stock has fallen 50% this year, as of last close
 (Reporting By Udbhav Krishna P in Bengaluru)
 ((UdbhavKrishna.P@Thomsonreuters.com))