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Basic MaterialsSpeculativeMicro CapMomentum Trap

Australia's Navarre Minerals jumps most in about five weeks on metals find

** Shares of Navarre Minerals  NML.AX  jump as much as 9.5%
to A$0.046, tracking their best session since July 28 - if gains
hold 
    ** The mineral explorer reports finding of high-grade gold,
silver and copper in the Mt Carlton United and Telstra hill
deposits in north Queensland [https://bit.ly/3eJd4Kf
]
    ** Co anticipates the drilling results will inform an
updated resource estimate for both deposits which is expected to
be published in Q2 FY23
    ** Stock has fallen 46.8% this year as of last close

 (Reporting by Archishma Iyer in Bengaluru)
 ((Archishma.Iyer@thomsonreuters.com;))

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