Australia's Minerals 260 hits two-week high on maiden drilling programme in WA project

Minerals 260

23/03/2022 24:11

** Shares of Minerals 260 Ltd  MI6.AX  gain as much as 5.1%
to A$0.520, their highest since March 9, rising for a third
consecutive session
    ** The mineral explorer says https://www.investi.com.au/api/announcements/mi6/faba34de-33b.pdf
 it will start its maiden aircore drilling programme at its
Koojan JV Project with Lachlan Star Ltd  LSA.AX  in Western
Australia 
    ** Adds that drilling is planned for eight prospects defined
by geochemical and/or geophysical surveying to test multiple
gold, copper and PGE targets 
    ** Shares set for best day since March 9, if gains hold
    ** Stock down 10% this year, as of last close

 (Reporting by Archishma Iyer)
 ((Archishma.Iyer@thomsonreuters.com;))