Australia's Santa Fe Minerals delivers best session in 4 years on new projects

Santa Fe Minerals

19/11/2021 04:52

** Shares of base metals explorer Santa Fe Minerals  SFM.AX 
rise as much as 34.8% to A$0.120, mark biggest intraday
percentage gain since Nov 22, 2017 
    ** Co, via its unit Challa Resources, enters into a binding
option agreement to acquire 80% of Mt Murray Nickel and
lead/zinc project from North West Stone  urn:newsml:reuters.com:*:nASX5y7Nz3
    ** Says project covering 29 sqkm comprises two granted
exploration licences and metals rights over an existing mining
licence in Western Australia
    ** Shares hit their highest since June 1
    ** Volumes are 15 times the 30-day average of 55,824 shares
    ** As of last close, stock down 5.3% this year

 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))