Australia's Mt Monger Resources jumps on gold find in WA Project

Metallium

21/10/2022 04:53

** Shares of Mt Monger Resources Ltd  MTM.AX  rise as much
as 8.7% to A$0.125, their highest since Oct. 14 
    ** The mineral explorer says it has confirmed gold
mineralisation intersections at a number of prospect areas at
the Mt Monger Gold Project in Western Australia
    ** Co adds confirmation and extension of mineralised zone at
the Red Dale North area and the Duchess of York Prospect, among
others
    ** More than 272,000 shares change hands, vs the 30-day
average volume of 86,000 shares
    ** Stock has fallen 14.81% this year, as of last close
 (Reporting By Udbhav Krishna P in Bengaluru)
 ((UdbhavKrishna.P@Thomsonreuters.com))