Australia's New World Resources jumps on expanding US copper-sulphide project
30/11/2023 04:29
** Shares of New World Resources Ltd NWC.AX rise as much
as 7.7% to A$0.042, their biggest intraday pct gain since Nov.
23
** Minerals explorer says expanded its 100%-owned Javelin
Volcanogenic Massive Sulphide (VMS) project in Arizona, United
States
** Says new claims cover very high-grade red cloud VMS
deposit
** Adds exploration over new area has commenced
** About 1.5 mln shares change hands, vs the 30-day average
volume of 4 mln shares
** NWC set to end 57.7% higher this month, highest since Jan
(Reporting by Megha Rani in Bengaluru)
((Megha.Rani2@thomsonreuters.com;))
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