Australia's Mitre Mining climbs on pegmatite discovery at WA project

Andean Silver

07/08/2023 05:18

** Shares of Mitre Mining Corp  MMC.AX  rise as much as
12.7% to A$0.310, their biggest intraday pct jump since June 21
    ** Miner says initial field work at Mt Alexander lithium
project in Western Australia identified multiple pegmatite
swarms
    ** Says an expanded field mapping and sampling campaign is
planned with the aim of expanding the pegmatite field
    ** Stock hits highest level since June 26
    ** Stock has fallen 1.8% this year, as of last close

 (Reporting by Adwitiya Srivastava in Bengaluru)
 ((Adwitiya.Srivastava@thomsonreuters.com;))