Australia's Perseus Mining rises on Tanzania project drilling results
22/07/2025 04:46
** Shares of Perseus Mining PRU.AX rise as much as 5.1% to A$3.710, posting their biggest intraday pct gain since June 3 ** Stock hits its highest level since June 18 ** Gold explorer reports positive results from drilling at Nyanzaga project in north-western Tanzania, which have potential to extend the life of mine ** Results reinforce confidence in co's ability to expand Nyanzaga's mineral resources and reserves and as a result, potentially extend the life of the mine - CEO Jeff Quartermaine ** Stock up 35.7% YTD, including day's move (Reporting by Ananya Verma in Bengaluru) ((ananya.verma@thomsonreuters.com;))
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