TG Metals at near 7 weeks high on upbeat lithium drilling results in W.Australia

TG Metals

27/02/2024 02:10

** Shares of Australia's TG Metals  TG6.AX  rise as much as
22.4% to A$0.355, their highest level since Jan. 12
    ** Mineral resource explorer says first assays received from
diamond drilling (DD) program at Burmeister prospect in Lake
Johnston Li-Ni-Au Project, Western Australia (WA) 
    ** Adds tests confirm continued intersections of
spodumene-bearing pegmatites with high lithium oxide grades 
    ** Around 1.9 mln shares change hands as of 0158 GMT, vs the
30-day average volume of 346,672 shares
    ** Stock down 24.7% YTD as of last close

 (Reporting by Roshan Thomas in Bengaluru)
 ((Roshan.Thomas@thomsonreuters.com))