Australia's Pantoro, Tulla Resources rise on lithium development partnership

Tulla Resources Pty

14/12/2021 02:24

** Shares of gold producer Pantoro Ltd  PNR.AX  climb as
much as 7.4% to A$0.365, hitting their highest level since April
27, 2018
    ** Shares of gold explorer Tulla Resources  TUL.AX  rise as
much as 6.7% to A$0.555, their highest since Nov 26
    ** Pantoro with its 50% Norseman gold project joint venture
(JV) partner Tulla has agreed https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02466369-6A1068522?access_token=83ff96335c2d45a094df02a206a39ff4
 to explore and develop lithium deposits with Mineral Resources
 MIN.AX  
    ** New partnership is an outstanding outcome for Pantoro to
maximise the value of a key mineral asset at Norseman - Pantoro 
    ** The Norseman gold project is located in Western Australia
    ** Pantoro posts its biggest intraday percentage gain since
Nov 17; stock marks third consecutive session of gains 
    ** More than 5.5 mln shares change hands, nearly 2 times
their 30-day average
    ** Pantoro stock up ~54.6% YTD as of last close, while TUL
down about 18.8% since its IPO in March   
    


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