Australia's Noronex rises on beginning drilling for copper in Namibia

Noronex

01/12/2022 04:16

** Shares of Noronex Ltd  NRX.AX  rise as much as 14.8% to
A$0.031, its biggest intraday pct gain since Nov. 3 
    ** Says finalised drill contract for a program at the Helm
prospect at its Snowball joint venture project in Namibia, with
the rig expected to be mobilised in coming days 
    ** Helm prospect expected to host copper mineralisation 
    ** Stock hits highest level since Nov. 24 
    ** Stock has fallen 66.3% this year, as of last close
 (Reporting By Udbhav Krishna P in Bengaluru)
 ((UdbhavKrishna.P@Thomsonreuters.com))