Business
Eagle Mountain (ASX:EM2) share price rose 51% after high-grade discovery
The Eagle Mountain Mining Ltd (ASX: EM2) share price rose by as much as 51% today after news the company discovered the highest grades of gold, silver and copper ever found at its Oracle Ridge project. The company stated its assay results found the deposit and its trying to mobilise another drill rig to speed up drilling.
The Eagle Mountain share price reached a whopping 71 cents today. At the time of writing, the share price retreated slightly to 66 cents, still up 40.86%.
Let’s look further into the company’s assay results.
What luck!
Oracle Ridge is foremost a copper mine, but the latest assay results have found gold and silver as well. Including:
12.7m at 3.96% Cu, 49.1g/t Ag and 1.4g/t Au from 363.1m, including:
- 8.7m…
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