BUZZ-Australia's Somerset Minerals rises on Canadian project update

Reuters
09 Jul
BUZZ-Australia's Somerset Minerals rises on Canadian project update

** Shares of Somerset Minerals SMM.AX rise 4.4% to A$0.024, their biggest intraday pct gain since July 3

** The diversified miner says it has started drilling operations at its recently acquired Coppermine project in Canada

** Says initial results are expected in the next 4-6 weeks

** Stock up 100% this year, including the day's move

(Reporting by Rajasik Mukherjee in Bengaluru)

((Rajasik.Mukherjee@thomsonreuters.com))

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