Australia's MetalsGrove Mining rises on drill rig mobilisation at project

MetalsGrove Mining

15/11/2022 04:58

** Shares of MetalsGrove Mining  MGA.AX  rise as much as
12.1% to A$0.185, their best intraday gain since Nov. 7
    ** Says its drilling contractor at the Upper Coondina
Lithium Project has mobilised the reverse-circulation drill rig
in preparation for the inaugural drilling programme 
    ** MGA to initially drill at the Chola prospect, expected to
commence upon completion of site preparations 
    ** Stock up 13.8% since ASX debut on July 6 as of last close
 (Reporting by Harshita Swaminathan)
 ((Harshita.Swaminathan@thomsonreuters.com))