Shares in Australia’s Future Battery Minerals experienced a surge of up to 28.6% to A$0.135, marking their most significant intraday percentage gain since April 13th.

This growth pushed the stock to its highest value since June 23rd, setting course for a third consecutive session of gains.

Future Battery Minerals announced that a reverse circulation drilling program at the Nevada lithium project has confirmed the presence of large-scale lithium.

The company is considering the possibility of United States Federal Grants to fund their ongoing metallurgical test work.

So far this year, the company’s stock has risen 105.8% as of last close.

Future Battery Minerals is an Australian company focusing on battery mineral resources.