Shares in Auris Minerals (ASX:AUR) experienced an impressive surge, rising by as much as 50% to A$0.018, marking their largest intraday jump since July 31, 2020.

The company, which is a base metals and gold explorer, reported high-grade gold results from drilling at the Morck Well project in Western Australia.

The firm noted, ‘Auris continues to strategically advance high-quality targets within the Bryah Basin while continuously assessing new complementary project opportunities.’ The stock hit its highest level since January 23, with more than 41.3 million shares changing hands, in stark contrast with the 30-day average of about 2.6 million shares.

As of the last close, the stock was down approximately 7.7% year-to-date.

Auris Minerals (ASX:AUR) is a company focused on base metal and gold exploration, primarily advancing projects within the Bryah Basin.