Australia's Trek Metals jumps on copper-zinc discovery in WA project

Trek Metals

13/10/2021 03:21

** Shares of copper explorer Trek Metals ltd  TKM.AX  climb
as much as 65.2% to A$0.190, their highest since July 17, 2018
    ** Stock posts its biggest intraday pct gain since Sept. 11,
2019
    ** Co says maiden drilling program at its Pincunah Project
in Western Australia highlights potential for large-scale VMS
(Volcanogenic Massive Sulfide) copper-zinc system  urn:newsml:reuters.com:*:nASX8QmsCS
    ** Adds it is in discussion with multiple drill contractors
to commence follow-up drilling in the area as soon as possible
    ** Trade volumes are 5.9 times the 30-day average of 1.5 mln
shares
    ** As of last close, stock had risen 85.5% this year

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