Australia's Mantle Minerals rises on granting of gold exploration license

De Grey Mining

07/11/2023 04:43

** Shares of Australia's Mantle Minerals  MTL.AX  up 16.67%
at A$0.0035
    ** Mineral explorer says granted Gold Exploration Licence at
Mt Berghaus in Western Australia
    ** Adds project covers around 84km north of Australian gold
explorer De Grey Mining's  DEG.AX  Hemi Gold Discovery in
Western Australia
    ** Already developed an exploration model and planned for
approximately 15,000 metres of aircore drilling for Mt Berghaus
in 1H FY24 - MTL
    ** Aircore drilling uses compressed air to flush cuttings
out of boreholes
    ** Stock up 20% YTD, as of last close

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