Redstone Resources eyes best day in over 2 yrs on more copper find

Redstone Resources

21/11/2022 02:37

** Shares of Redstone Resources  RDS.AX  soar as much as
100% to A$0.011, their best intraday gain since July 6, 2020
    ** Says results from a drilling campaign conducted in
end-2021 at the Chatsworth prospect in Western Australia proved
high-grade copper mineralisation that was better than previously
known 
    ** RDS hits highest level since Aug. 9 
    ** Trading volumes cross 100 times their 30-day average,
with nearly 40 mln shares traded so far in the day
    ** Stock down 60.7% YTD, as of last close
 (Reporting by Harshita Swaminathan)
 ((Harshita.Swaminathan@thomsonreuters.com))