Tiger Brokers

BUZZ-Australia's Advance Metals jumps as gold project drilling underway

Reuters
Jan 17, 2025

** Shares of Advance Metals rise 8.8% to A$0.037, their biggest intraday pct gain since Jan 6

** The base metals explorer says imminent maiden diamond drilling at Happy Valley Trend, following Serra Energy Metals's

high-grade gold findings at Myrtleford Gold Project at Victorian Goldfields

** Co took an 80% stake in Myrtleford, Beaufort Gold Projects via JV with SEEM

** Adds further mapping and rock chip sampling at the project to begin soon

** Around 3 mln shares change hands, 2.7x the 30-day avg

** Stock fell 38.5% in 2024, marking its fourth yearly loss

(Reporting by Kumar Tanishk in Bengaluru)

((Tanishk.Kumar@thomsonreuters.com;))

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