Australia's Alicanto Minerals jumps on positive drilling results at Sweden project

Sinclair Gold

16/01/2024 01:12

** Shares of Alicanto Minerals  AQI.AX  rise as much as 9.4%
to A$0.035, their biggest intraday percentage gain since Nov 21,
2023
    ** Stock hits its highest level since Jan 4
    ** The mineral explorer reports positive drilling results
from its Falun copper-gold project in Sweden
    ** Says results extend the interpreted size of the
Skyttgruvan Naverberg copper target at project
    ** About 426,000 shares change hands, compared with the
30-day average volume of 275,552
    ** Alicanto stock lost 16.3% last year



 (Reporting by Aaditya Govind Rao in Bengaluru)
 ((Aaditya.govindrao@thomsonreuters.com;))