Australia's Mitre Mining Corp eyes best day ever on rare-earth find

Andean Silver

29/03/2022 24:56

** Mineral explorer Mitre Mining Corporation  MMC.AX  jumps
as much as 24.3% to A$0.230, set for its best session ever if
gains hold
    ** Says https://www.asx.com.au/asxpdf/20220329/pdf/457g0q1gqx4ryp.pdf
 significant rare earth element results identified at Batemans
project in New South Wales
    ** The next stages of work will further investigate the
major structural and alteration zones known to be associated
with rare earths and possible gold, silver and base metals - MMC
    ** Stock hits highest level since Nov. 22; marks fourth
straight session of gains
    ** More than 450,000 shares have changed hands, vs the
30-day average of about 73,000 shares 
    ** As of last close, MMC down ~31.4% since its IPO in
late-September, 2021
    


 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))