Australia's Minerals 260 climbs on copper-gold finds at WA project

Minerals 260

04/03/2022 24:08

** Shares of exploration co Minerals 260 Ltd  MI6.AX  soar
as much as 25.5% to A$0.590, mark their biggest intraday gain
since Nov. 15, 2021
    ** Co intersects wide copper-gold zone at Mynk prospect of
its Moora Project in Western Australia  urn:newsml:reuters.com:*:nASX1Q4nCK
    ** Base metals have rallied in recent days after Russia's
invasion of Ukraine sparked supply worries  MEL/L 
    ** Shares hit their highest since Feb. 4
    ** More than 1.3 mln shares trade hands, 2.8 times the
30-day average of 488,755 shares
    ** As of last close, stock down 11.3% this year

 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))