Australia's Power Minerals rises on strong lithium finds at Argentina project

Power Minerals

29/06/2023 03:55

** Shares of diversified mineral explorer Power Minerals
 PNN.AX  rise as much as 9.3% to A$0.410, their highest since
June 22
    ** Co says first hole in mineral resource drilling programme
at Rincon salar within its Salta lithium project in Argentina
returned "excellent" lithium grades and brine density
    ** Says the results will feed into a preliminary economic
assessment, which is currently underway for Rincon
    ** As of last close, stock down 29.3% this year

    

 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))