Australia's EV Resources jump most in a month on lithium find in Austria

Antimony Resources

08/09/2022 06:01

** Shares of EV Resources Ltd  EVR.AX  rise as much as 17.9%
to A$0.033, their biggest intraday pct gain since Aug 8
    ** The battery materials explorer says it has found
high-grade lithium content from rock chip samples at the Eastern
Alps Lithium Satellite Projects in Austria  urn:newsml:reuters.com:*:nGLFbSnWJ6  
    ** The project is a joint venture between EV Resources and
European Lithium Ltd  EUR.AX , with EV Resources owning 80% of
JV
    ** ASX-listed shares of European Lithium Ltd  EUR.AX  rise
as much as 11.1% to A$0.09, on track for best day since Aug 8,
if gains hold
    ** More than ~14.2 mln EV Resources shares trade hand,
compared to their 30-day moving avg volume of ~2.0 mln shares 
    ** EVR stock down 51.7% YTD, as of last close

 (Reporting by John Biju in Bengaluru)
 ((john.biju@thomsonreuters.com))