Shares of Tennant Minerals (ASX:TMS) surged 14.3% to A$0.032.
This increase indicates the company’s strongest performance since June 20, should the current gains maintain their trajectory.
The company, a diversified miner, announced the commencement of a new drilling program at the Bluebird discovery in the Northern Territory.
The drilling program expects to triple the footprint of the copper-gold mineralized zone at the Bluebird discovery.
Despite today’s surge, Tennant Minerals (ASX:TMS) has seen a 24.5% decline in stock value for the year-to-date, reflecting values, as of the last closing.
Tennant Minerals is a diversified mining company focusing on copper and gold exploration.