Eagle Mountain Mining (ASX:EM2) has experienced a share rise of 13.0%, with each share increasing to A$0.078.
If these gains hold, it would mark the company’s best day since the 11th of December.
The copper mining firm reports significant progress in the Silver Mountain project in Arizona, USA, with notable uranium-thorium and rare earth results.
The company states the development of its mineralisation model—detailed full elemental analysis and mineral identification—is ongoing.
Despite the current boost, by the end of last year, EM2 had logged a 7.4% decline.
Eagle Mountain Mining is a copper mining firm in the resources sector, engaged in mineral exploration and development.