West Cobar Metals jumps most in over 1-week on rare-earth drilling start

West Cobar Metals

08/12/2022 04:31

** Shares of Australia's West Cobar Metals Ltd  WC1.AX  rise
as much as 2.9% to A$0.175
    ** The gold and base metal explorer says it has commenced
extensive first phase air core drilling at its Salazar Clay rare
earth element (REE) project in Western Australia
    ** Adds drilling program to extend existing inferred
resource with further exploration of other parts under project's
licenses 
    ** WC1 posts its biggest intraday pct gain since Nov.28 
    ** Stock has risen 21.4% this year, as of last close
 (Reporting By Udbhav Krishna P in Bengaluru)
 ((UdbhavKrishna.P@Thomsonreuters.com))