Australia's Pursuit Minerals rises after completing drilling at project

Pursuit Minerals

20/05/2022 03:16

** Shares of mineral exploration co  PUR.AX  rise as much as
27.8% to A$0.023, their biggest intraday pct gain since April 4
    ** Pursuit completes air core drilling at its Warrior
PGE-Ni-Cu Project in Western Australia and says Moving Loop
Electromagnetic (MLEM) surveying is underway  urn:newsml:reuters.com:*:nASX6w3pcw
    ** Co expects assay results in late June 2022
    ** Shares hit their highest value since May 11
    ** More than 5.4 mln shares change hands, compared with the
30-day average volume of 4.5 mln shares 
    ** Stock has fallen 33.33% this year, as of last close

 (Reporting by Anan Ashraf in Bengaluru)
 ((Anan.Ashraf@thomsonreuters.com;))