Australia's MetalsGrove Mining soars on Western Australia lithiun find

MetalsGrove Mining

07/11/2022 01:17

** Shares of MetalsGrove Mining  MGA.AX  rise as much as
29.4% to A$0.22, their best intraday gain since Oct. 6
    ** Says a pre-drilling exploration program at its Upper
Coondina Lithium Project in Western Australia confimed multiple
pegmatites, a source of lithium  urn:newsml:reuters.com:*:nASXb8f5sZ 
    ** Pre-drilling exploration program also identified
potential drilling targets 
    ** Aims to begin drilling in late November to test the
initial targets 
    ** Stock hits highest level since Oct. 27
    ** As of last close, MGA has risen 17.2% since listing on
July 6 
 (Reporting by Harshita Swaminathan)
 ((Harshita.Swaminathan@thomsonreuters.com))