The shares of Battery Age Minerals (ASX:BM8) witnessed a surge of up to 15.8%, reaching A$0.44 - their highest intraday gain since July 26.

This is in response to the company’s announcement of a new spodumene find at its Falcon Lake Lithium Project in Canada, which has extended their exploration area by about 5 kilometers.

Battery Age Minerals (ASX:BM8) also reports the discovery of nine new pegmatite ores with visible spodumene content varying between 5% to 20%.

Their exploration team plans to keep adding more drilling targets in the ensuing weeks.

Despite this recent gain, the company’s stock has seen a 24% fall this year up till the last close.

Battery Age Minerals (ASX:BM8) is a company specializing in the exploration and production of various minerals, primarily focusing on lithium.