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FINWIRES

EQ Resources Starts Drilling Program at Queensland Tungsten Mine; Shares Up 9%

-- EQ Resources (ASX:EQR) started a drilling program at its Mt Carbine tungsten mine in Queensland to target extensions to existing resources and reserve definitions, according to a Thursday filing with the Australian bourse.

The current drill plan includes 28 holes for roughly 7,700 meters, the filing said.

The program is expected to run for about four months, with assay results to be released progressively in the next three to six months, per the filing.

Shares rose 9% in morning trade on Thursday.

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