Australia's Anax Metals jumps on mineral resource growth at WA project

Anax Metals

12/09/2022 07:33

(Repeats to widen distribution with no changes to text)
    Sept 12 (Reuters) -    ** Shares of Anax Metals Ltd
 ANX.AX  jump as much as 7.7% to A$0.07; eyeing best session
since Sept. 6, if gains hold
    ** Minerals explorer says indicated resources for Salt Creek
deposit at its Whim Creek project in Western Australia increased
by over 80%  urn:newsml:reuters.com:*:nGLF26vdRW
    ** Says updated Salt Creek resource estimate showed 35,700
tonnes contained copper, up by 99%, and 95,000 tonnes contained
zinc, up by 22% 
    ** Around 647,366 shares change hands, vs the 30-day average
volume of 301,321 shares
    ** Stock has fallen 21.7% this year, as of last close
    

 (Reporting by Poonam Behura)
 ((Poonam.Behura@thomsonreuters.com;))