Australia's Somerset Minerals rises on Canadian project update

Somerset Minerals

09/07/2025 04:29

** Shares of Somerset Minerals SMM.AX rise 4.4% to A$0.024, their biggest intraday pct gain since July 3

** The diversified miner says it has started drilling operations at its recently acquired Coppermine project in Canada

** Says initial results are expected in the next 4-6 weeks

** Stock up 100% this year, including the day's move

 (Reporting by Rajasik Mukherjee in Bengaluru)

 ((Rajasik.Mukherjee@thomsonreuters.com))