Australia's Minerals 260 jumps after WA gold, nickel find

Minerals 260

11/12/2023 03:29

** Shares of Australia's Minerals 260  MI6.AX  rise as much
as 8.6% to A$0.315, their biggest intraday pct gain since Nov.
16
    ** Stock at its highest level since Nov. 28
    ** Exploration co says maiden drill program confirms gold,
nickel, and rare earth potential at Dingo Rocks Project in
Western Australia
    ** Adds, drilling targeting further gold and base metals
mineralisation expected to commence in early 2024
    ** About 123,194 shares change hands, compared with the
30-day average volume of 154,141 shares
    ** Stock down 14.7% YTD, as of last close

 (Reporting by Megha Rani in Bengaluru)
 ((Megha.Rani2@thomsonreuters.com;))