Australia's Talga Group rises on drilling results at Sweden project

Talga

03/03/2022 03:10

** Shares of battery anode maker Talga Group  TLG.AX  jump
as much as 11.6% to A$1.535, biggest intraday pct gain since
Dec. 9, 2021
    ** Says https://www.asx.com.au/asxpdf/20220303/pdf/456n4r1y8p12wp.pdf
 drill assay results from its Vittangi graphite project in
northern Sweden have returned significant graphite grades,
confirming a new deposit at Nunasvaara East and extending the
Niska South deposit
    ** Co adds a revision of the Vittangi JORC Mineral Resource
has now commenced
    ** Stock hits highest level since Feb. 7
    ** More than 1 mln shares have changed hands, compared with
the 30-day average of about 650,000 shares 
    ** As of last close, stock down ~15.6% YTD
    


 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))