Australia's ABx Group eyes best day in 2 weeks on rare earths find

ABx

20/09/2022 03:44

** Shares of Australia's ABx Group Ltd  ABX.AX  rise as much
as 12.9% to A$0.175 - set to mark best session since Sept. 6 if
gains hold
    ** Mineral explorer encounters "exceptionally thick" and
shallow zone of rare earths in northern Tasmania  urn:newsml:reuters.com:*:nASX6yZQpL
    ** ABx confirms a 6.5km mineralised channel connecting co's
Deep Leads and Rubble Mound rare earth discoveries 
    ** Says follow-up drilling campaign planned for ~70 holes is
anticipated to commence in October 
    ** More than 1 mln shares change hands, compared with the
30-day average of about 300,000 shares
    ** Stock touches highest since Sept. 9; up 58.2% YTD, as of
last close 

 (Reporting by Nausheen Thusoo)
 ((Nausheen.Thusoo@thomsonreuters.com;))