Australia's Augustus Minerals climbs on rare-earths targets at WA project
29/05/2023 05:42
** Shares of Australia's Augustus Minerals AUG.AX climb as
much as 4.9% to A$0.215, their biggest intraday percentage gain
** The rare-earths explorer says it has identified potential
ironstone exploration targets at its Ti-Tree project in Western
Australia
** Co says it identified at least 25 possible rare-earths
ironstone targets via an ongoing assessment of its airborne
radiometric geophysics programme
** AUG reports it identified more than 10 kilometres worth
of ironstone potential, that could host rare-earth elements at
project
** AUG shares listed on ASX in May 2023
(Reporting by Riya Sharma in Bengaluru)
((Riya.Sharma@thomsonreuters.com;))