Australia's Metallica Minerals jumps on silica find in Queensland project

Metallica Minerals

20/09/2022 06:50

** Shares of Metallica Minerals Ltd  MLM.AX  jump as much as
22.22% to A$0.055, their highest since January 4, 2018
    ** MLM says drilling at the Cape Flattery project in
Queensland state finds high purity silica sand, used in several
construction-related products, including cement and mortars 
 urn:newsml:reuters.com:*:nASXcfk4f4
    ** Stock posts biggest intraday pct gain since July 23, 2021
    ** Nearly 1.3 mln shares change hands, vs the 30-day average
volume of ~850,000 
    ** Stock up 87.50% this year, as of last close
    

 (Reporting By Udbhav Krishna P in Bengaluru)
 ((UdbhavKrishna.P@Thomsonreuters.com))