STOCKS in China(cnmining) Yunnan Copper jumped more than 40% after the company released fresh gold mineralisation at its Pentland project in Queensland.
Drilling at the project’s Toomba prospect revealed encouraging results of up to 50.59 grams per tonne of gold.
Key intersections included those measuring 4m at 13.9 grams per tonne and 4m at 0.6gpt.
Following news of the fresh finds, shares in China Yunnan gained 0.3c or 43% to 1c before easing to 0.9c.
The company hopes further exploration drilling will reveal the extent of mineralisation and will look to release a maiden gold resource estimate later this year.
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