Australia's Power Minerals gains on positive sampling at Brazil project

Power Minerals

07/11/2024 24:57

** Shares of Power Minerals  PNN.AX  rise as much as 11.1%
to A$0.11; their largest intraday pct gain since Sept. 27
    ** Diversified miner reports mineralisation of high-grade
niobium, tantalum and rare earth elements (REE) from its Tantalo
project in Brazil
    ** Says sampling results provide confidence in project's
exploration potential
    ** Stock hits highest since Oct. 11
    ** PNN down 50% YTD

 (Reporting by Nikita Maria Jino in Bengaluru)
 ((Nikita.Jino@thomsonreuters.com;))