Australia's Canterbury Resources jumps on copper find

Alma Metals

01/10/2024 03:37

** Canterbury Resources  CBY.AX  climbs as much as 5.9% to
A$0.036, the highest since Aug. 30
    ** Stock set for best day since Sept. 16
    ** Co records high grade-copper at two holes drilled in
Queensland's Briggs Copper Project
    ** The project is being funded by Alma Metals  ALM.AX  under
an earn-in agreement
    ** ALM falls as much as 5.6% to A$0.009
    ** YTD, CBY gains 44%, while ALM down ~23%

 (Reporting by Kumar Tanishk in Bengaluru)
 ((Tanishk.Kumar@thomsonreuters.com;))