Australia's Sabre Resources climbs on mine resource potential

Sabre Resources

09/01/2023 03:14

** Shares of Sabre Resources Ltd  SBR.AX  climb as much as
28.6% to A$0.054, its highest since Oct. 26
    ** Minerals explorer says new survey at Sherlock Bay Project
in Western Australia indicates potential for further "massive"
sulphide mineralisation
    ** Says new result shows potential for "significant upgrade"
to its nickel, copper and cobalt resources at the project
    ** Stock lost ~16% YTD in 2022
 (Reporting by Ayushman Ojha in Bengaluru)
 ((Ayushman.ojha@thomsonreuters.com))