Share prices of Resource Mining (ASX:RMI) have soared by as much as 150% to A$0.040, marked as their best day since September 18, 2020, should these gains remain consistent.

The abrupt surge is due to significant copper-gold discoveries at their Mpanda initiative in Tanzania.

The company is in anticipation of results from other potential significant anomalies.

This has led to the Resource Mining (ASX:RMI) stock reaching its highest level since October 10, 2023.

In contrast to the average 30-day volume of 101,811, about 4.2 million shares have been traded.

Even with the recent rise, the stock is still down 46.7% YTD as of the last close.

Resource Mining (ASX:RMI) is a minerals exploration company with operations across various sites.