Australia's Strata Minerals jumps to over 5-month high on deal to buy Zelica gold project

Strata Minerals

17/09/2025 02:23

** Shares of Strata Minerals SMX.AX rise as much as 15.8% to A$0.022, their highest level since April 28

** The mineral explorer signs a binding tenement option agreement to acquire the Zelica gold project in Western Australia

** Co to investigate the potential for early gold extraction opportunities

** About 3.1 million shares change hands, 3 times the 30-day avg

** Stock is up 5% YTD, including the session's moves

 (Reporting by Anjali Singh in Bengaluru)

 ((anjali.singh2@thomsonreuters.com;))