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Sky Metals gains as ore sorting results show promise for low-cost processing



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** Shares of Australia's Sky Metals SKY.AX rise as much as 11.8% to A$0.038, their highest levels since July 8

** Stock posts its biggest intraday pct gain since July 8

** The mineral explorer says positive ore sorting results demonstrate potential for low-cost processing at its Tallebung Tin Project, located in New South Wales, Australia

** Ore sorting - a process of separating valuable minerals from waste based on differences in properties like colour or density

** Nearly 957,000 shares change hands vs 30-day average volume of 301,058 shares

** Stock down 2.8% YTD, as of 0357 GMT



Reporting by Roshan Thomas in Bengaluru

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