Australia's Marmota rises on uranium find at flagship project
07/03/2024 02:29
** Shares of Marmota MEU.AX rise as much as 11.6% to
A$0.048, set for best day since Feb. 6, if gains hold
** Mining explorer says new high priority uranium
exploration target identified on co's side of the Jason's
Uranium Resource area in Australia
** Expert review has used state gravity imagery to identify
potential extensions of the uranium-carrying Palaeochannel - co
** Stock at highest level since Feb. 22
** MEU flat YTD as of last close
(Reporting by Adwitiya Srivastava in Bengaluru)
((Adwitiya.Srivastava@thomsonreuters.com;))