Australia's WA1 Resources rises on potential find of hematite target in WA

WA1 Resources

10/03/2022 04:13

** Shares of WA1 Resources  WA1.AX  climb as much as 5% to
A$0.210 
    ** Stock set for best intraday session since Feb. 22, is
gains hold 
    ** Copper and gold explorer says ground gravity survey
identified a new gravity anomaly referred to as the Luni target
as Sambhar prospect in Western Australia  urn:newsml:reuters.com:*:nASX9396Js
    ** Explorer says anomaly with its structural position makes
potential for an hematite dominated Iron-Oxide Copper-Gold
exploration target  
    ** Stock is down 16% so far after its ASX debut     


 (Reporting by Navya Mittal in Bengaluru)
 ((navya.mittal@thomsonreuters.com))