Australia's Astro Resources rises on finding copper-bearing minerals at NT project

Venari Minerals NL

12/12/2022 01:08

** Shares of mineral explorer Astro Resource NL  ARO.AX 
rise as much as 10.7% to A$0.083, set for their best day since
Nov. 24, if gains hold
    ** Co completes first program of diamond drilling at its
80%-owned Georgina IOCG (iron-oxide-copper-gold) Project in the
Northern Territory
    ** Adds first drill hold intersected ironstone host rocks,
IOCG alteration and copper-bearing minerals 
    ** Shares hit their highest since Dec. 5
    ** As of last close, stock down 40% this year
 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))