Australia's Midas Minerals jumps on high-grade gold find at WA project
** Shares of gold explorer MM1.AX rise as much as 10.3% to
A$0.160, biggest intraday pct. gain since Oct. 12
** Co says first exploration drill program at its Weebo
project in Western Australia has identified extensive gold
mineralisation including high-grade gold results urn:newsml:reuters.com:*:nASX4fN59f
** Stock hits highest since Dec. 13
** Over 8.2 mln shares change hands, vs 30-day average
volume of ~7.7 mln
** Stock down 38% YTD, as of last close
(Reporting by Arundhati Dutta in Bengaluru)
((Arundhati.Dutta@thomsonreuters.com;))
Recent news on Midas Minerals
See all newsBrief: Midas Minerals Executes Agreement To Sell Newington Project To Forrestania Resources
Brief: Midas Minerals Ltd Receives Firm Commitments For A$28 Million Capital Raising At A$0.75 Per Share
Brief: Midas Minerals Requests Trading Halt Pending Capital Raising & Resource Update
Australia's Midas Minerals soars to record on copper project purchase
Brief: Midas Minerals Says Final Approval Received For Otavi Project Acquisition