Australia's Peel Mining soars on positive drilling results at project
08/10/2024 05:56
** Shares of metal explorer Peel Mining PEX.AX rise as
much as 22% to A$0.125, their highest one-day pct jump since
Sept. 4, 2023
** Co says it has intercepted strong copper, gold, and
silver mineralisation at its Wagga Tank project
** Says results indicate a robust resource growth
opportunity for project
** More than 1 mln shares change hands vs 30-day avg volume
of about 242,000 shares
** With session's gains, stock trims YTD loss to 4.4%
(Reporting by Nikita Maria Jino in Bengaluru)
((Nikita.Jino@thomsonreuters.com;))
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