Australia's Sunshine Metals rises on potential to find gold in Queensland

Sunshine Metals

12/09/2023 04:44

** Shares of Sunshine Metals  SHN.AX  rise as much as 6.3%
to A$0.017, their biggest intraday pct gain since Aug. 4
    ** Co identifies the potential for breccia hosted gold and
orogenic gold at Cardigan Dam, part of the Ravenswood
Consolidated project in North Queensland
    ** Says Cardigan Dam will be drilled in October-November
    ** Stock down ~20% so far this year, as of last close 
    
    


 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))