Australia's Redstone Resources rises on follow-up copper exploration plan

Redstone Resources

06/06/2024 04:00

** Shares of Redstone Resources  RDS.AX  rise as much as
14.3% to A$0.004
    ** Stock set for its best day since May 13 if gains hold 
    ** Mineral explorer says it is planning follow‐up copper
exploration campaign near Tollu high‐grade copper deposit
located in its West Musgrave Project, West Australia
    ** Says early exploration drilling outside Tollu resource
has highlighted the potential for a further copper mineralising
system
    ** Stock down 30% in CY 2024, as of last close

 (Reporting by Sneha Kumar in Bengaluru)
 ((Sneha.Kumar@thomsonreuters.com;))