Anax Metals hits over 2-year high on high-grade mineralisation in Western Australia project

By Reuters Newsan hour ago Updated

** Shares of Australia's Anax Metals ANX.AX rise as much as 35.3% to A$0.046, their highest level since late May 2024

** The miner says initial drilling at its Mons Cupri deposit in Western Australia's Whim Creek copper-zinc project revealed high-grade copper equivalent mineralisation

** About 15 million shares change hands, about 5.9x the 30-day average

** YTD, Anax stock up 105.3%, including session's moves

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