Native Mineral Resources climbs on potential find in WA

Native Mineral Resources Holdings

27/10/2021 05:37

** Shares of Native Mineral Resources Holdings  NMR.AX  rise
as much as 14.6% to A$0.275, their highest since Aug. 9
    ** Copper and gold miner says magnetic survey over its 
Nullarbor tenement in Western Australia confirmed the presence
of an Iron-Oxide Copper Gold (IOCG) magnetic anomaly
 urn:newsml:reuters.com:*:nASXbtqf10
    ** Says it has prioritized the "high potential" IOCG target
for follow-up exploration and drilling
    ** Stock on track for biggest intraday pct gain since Oct.
14
    ** Volumes are 15.1 times the 30-day average of 43,071
shares
    ** As of last close, stock down 43.5% this year

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