Sunshine Metals Begins Diamond Drilling at Queensland Project, Shares Rise 5%

MT Newswires Live

08/19

Sunshine Metals (ASX:SHN) began diamond drilling at Liontown North, part of the Ravenswood consolidated project in Queensland, according to a Tuesday Australian bourse filing.

The drilling will be funded from a Collaborative Exploration Incentive grant awarded by the Queensland state government, and a 650-meter diamond drill hole will test coincident induced polarization and electromagnetic anomalies on the north side of the conceptual Liontown Dome.

The firm's shares rose 5% in recent trading on Tuesday.

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