Australia's Boadicea Resources soars on lithium exploration licence

BOA Resources

10/11/2021 03:12

** Shares of Boadicea Resources Ltd  BOA.AX  climb as much
as 10.3% to A$0.215 - on track for their biggest single-day
percentage rise since Oct. 20 
    ** Nickel, copper and gold explorer says it has completed an
application for a new exploration licence in Northern Queensland
 urn:newsml:reuters.com:*:nASXbhs0YC 
    ** Says it has identified the new Hanns Gully project, 11km
south-east of the Croydon gold mining district, primarily for
the exploration of greisen-style lithium project 
    ** Adds key focus of exploration in the region is the
association of lithium with high-grade tin mineralisation and
previously identified forms of granite
    ** More than 165,600 shares change hands vs. their 30-day
average of 116,431 shares 
    ** BOA stock hits its highest since Oct. 22 
    ** As of last close, stock had fallen 18.4% this year

 (Reporting by Roushni Nair in Bengluru)
 ((Roushni.Nair@thomsonreuters.com;))