Australia's Desert Metals Ltd surges to more than 4-month high on exploration update
12/01/2022 02:53
** Miner's shares DM1.AX surge as much as 8.57% to A$0.38,
highest since Sept. 6
** Company says surveys have been completed at it new PGE
project at Innouendy and Belele VMS target in Australia
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** Desert Metals says rigs are expected to mobilise in both
targets in late January
** Shares set for best day since Dec. 31
** Stock fell 42.9% in 2021
(Reporting by Archishma Iyer)
((Archishma.Iyer@thomsonreuters.com))