Australia's Western Mines jumps as miner identifies sulphides at WA project

Western Mines

26/07/2022 04:45

** Shares of Western Mines Group  WMG.AX  jump as much as
42.4% to A$0.235, set to mark their best day, if gains hold
    ** The nickel-copper miner says it has observed more than
300 metres of disseminated magmatic sulphides at its flagship
Mulga Tank project in Western Australia  urn:newsml:reuters.com:*:nASX37yGfq
    ** Stock hits highest level since May 16
    ** Says assay results were received from three drilled
diamond holes and samples have been sent for geochemical assay
with results expected throughout July and August
    ** WMG stock down 10.8% YTD, as of last close 
    


 (Reporting by Riya Sharma in Bengaluru)
 ((Riya.Sharma@thomsonreuters.com;))