Australia's Heavy Minerals rises on completion of drilling at WA project

Heavy Minerals

23/12/2022 04:44

** Shares of Heavy Minerals Ltd  HVY.AX  rise as much as
13.6% to A$0.125
    ** The mineral sands explorer completes drilling at its Port
Gregory Garnet Project, W. Australia, and assay results are due 
    ** Adds positive visual results observed from tests from
east, north and south potential extensions to project resource
    ** Further adds drilling to start at its Red Hill prospect
in Western Australia in Jan. 2023   
    ** More than 115,000 shares change hands, vs the 30-day
average volume of 107,000 shares
    ** Stock has fallen 35.3% this year, as of last close
 (Reporting By Udbhav Krishna P in Bengaluru)
 ((UdbhavKrishna.P@Thomsonreuters.com))