Sunshine Metals Completes Drilling at Queensland Project; Shares Slump 15%

MT Newswires Live

2024/10/10

Sunshine Metals (ASX:SHN) completed a drill program at the Liontown Gap zone within the Ravenswood consolidated project in Queensland, according to a Thursday filing with the Australian bourse.

The program intersected up to 2.2 meters at 4.5% copper, 0.5 grams per tonne grade of gold, about 3% zinc, and 1.8% lead from 343.8 meters, the filing said.

Shares of Sunshine Metals slumped past 15% in recent Thursday trade.

Price (AUD): $0.01, Change: $-0.0020, Percent Change: -15.38%

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