Australia's Inca Minerals rises as co starts drilling programme in Northern Territory project

Rokeby Resources

22/03/2022 24:24

** Shares of Inca Minerals Ltd  ICG.AX  rise as much as
14.3% to A$0.120, set to see their best day since Feb 4, if
gains hold
    ** The gold-copper explorer says it will soon start its
maiden drilling programme at the Frewena IOCG-SEDEX project in
Northern Territory  urn:newsml:reuters.com:*:nASM0004EN
    ** Adds that the first of two drill rigs will be mobilised
to start drilling in the Mount Lamb area in two to three days
    ** Stock hits highest since Feb 9 
    ** Nearly 1.2 mln shares change hands, 2.6 times compared
with the 30-day average volume of 516,873 shares 
    ** Stock down 8.7% this year, as of last close
    

 (Reporting by Archishma Iyer)
 ((Archishma.Iyer@thomsonreuters.com;))