Australia's BPM Minerals jumps on WA projects tenements

BPM Minerals

12/10/2021 03:20

** Shares of BPM Minerals Ltd  BPM.AX  jump as much as 7.4%
to A$0.290, their highest level since Sept. 27
    ** The diversified explorer says the Rhodes and Ivan Well
projects were granted tenements in the Earaheedy Basin, Western
Australia (https://bit.ly/3lwCbAT)
    ** Projects involve an emerging base-metal precinct that
remains largely untested
    ** Says soil and stream sediment geochemical programs will
be completed at WA projects by November 
    ** Expects BPM's third project, Hawkins, in the Earaheedy
Basin to be granted a tenement by mid-November this year
    ** About 332,527 shares change hands, 1.7 times the 30-day
avg volume of 190,513 

 (Reporting by Aneetta Thomas in Bengaluru)
 ((Aneetta.Thomas@thomsonreuters.com;))