** Shares of Strata Minerals SMX.AX rise 11.1%, easing from a 30.3% surge earlier in the day
** Mineral explorer identifies high-grade gold and silver at Biranup gold project in Western Australia
** SMX set to snap a three-session losing run in its busiest trading session in over a week
** The gains takes the stock's YTD increase to 50%
(Reporting by Manasi Dasa in Bengaluru)
((Manasi.DasaSundeep@thomsonreuters.com;))
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