BUZZ-Australia's Hampton Hill Mining soars to nearly 6-1/2-mth high

Thu Apr 23, 2015 11:32pm EDT
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** Metals exploration company Hampton Hill Mining NL surges 100 pct, to highest since October 2014

** Says entered into agreement with Encounter Resources Ltd for funding Millennium zinc project

** Hampton may earn minority interest of 10 pct in Millennium upon minimum expenditure commitment of A$500,000

** Hampton may additionally earn up to 25 pct interest through funding A$2 mln of next A$3 mln of exploration activities

** About 212,408 Hampton shares change hands, almost double the 30-day average of 107,271 shares

** Shares of Encounter Resources rose as much as 13.6 pct in early trade (Reuters Messaging: