Australia's Sabre Resources gains on finding nickel targets at WA project

Sabre Resources

19/05/2023 03:13

** Shares of Sabre Resources Ltd  SBR.AX  rise as much as
13% to A$0.026; set for best day since May 8, if gains hold
    ** Mineral explorer says drilling has identified "massive"
nickel sulphide target at its Sherlock Bay Nickel Sulphide
project in Western Australia
    ** Says, the anomaly is the strongest conductor detected to
date at project, representing high-grade nickel sulphide
mineralisation
    ** Stock down ~40% YTD, as of last close
 

 (Reporting by Ayushman Ojha in Bengaluru)
 ((Ayushman.ojha@thomsonreuters.com;))