Voyager Resources soars 35%, prompts ASX price and volume query
July 24 (Proactive Investors) Voyager Resources (ASX: VOR) shares soared yesterday hitting an intra-day high of $0.027 - 35% higher than where the company traded on Friday, prompting a price and volume query from the ASX.
Voyager responded to the Exchange saying that it was not aware of any material information that has not been announced to the market which may explain the sudden investor interest.
The company though does have some very interesting projects, including the KM Copper Porphyry Project (80%) in Mongolia, which earlier in the year delivered some very impressive intersections such as 104 metres at 1.0% copper and 8.2 g/t silver from 4 metres, including 42 metres at 2.1% copper and 16.4 g/t silver from 20 metres.
Other highlights include:
- 168 metres at 0.74% copper and 5.4g/t silver from 76 metres, including 36 metres at 2.1% copper and 16.2 g/t silver from 86 metres;
- 140 metres at 0.6% copper and 5.3g/t silver from 4 metres; and
- 80 metres at 0.8% copper and 10.3g/t silver from 60 metres to end of hole.Worth noting for investors, these results along with previously announced intersections from the Cughur and Gaans Discoveries sees Voyager continuing to drill some of the best copper mineralisation reported in Mongolia, external to the giant Oyu Tolgoi Copper Deposit.
Voyager responded to the Exchange saying that it was not aware of any material information that has not been announced to the market which may explain the sudden investor interest.
The company though does have some very interesting projects, including the KM Copper Porphyry Project (80%) in Mongolia, which earlier in the year delivered some very impressive intersections such as 104 metres at 1.0% copper and 8.2 g/t silver from 4 metres, including 42 metres at 2.1% copper and 16.4 g/t silver from 20 metres.
Other highlights include:
- 168 metres at 0.74% copper and 5.4g/t silver from 76 metres, including 36 metres at 2.1% copper and 16.2 g/t silver from 86 metres;
- 140 metres at 0.6% copper and 5.3g/t silver from 4 metres; and
- 80 metres at 0.8% copper and 10.3g/t silver from 60 metres to end of hole.Worth noting for investors, these results along with previously announced intersections from the Cughur and Gaans Discoveries sees Voyager continuing to drill some of the best copper mineralisation reported in Mongolia, external to the giant Oyu Tolgoi Copper Deposit.
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