Australia's Essential Metals eyes best day in 5 yrs on WA lithium find

Essential Metals

15/10/2021 03:40

** Shares of lithium and gold explorer  ESS.AX  rise as much
as 41.9% to A$0.220, biggest intraday pct gain since May 12,
2016
    ** Co says initial results from drilling at Cade deposit of
Pioneer Dome Lithium project in WA confirm high grade lithium
tenor  urn:newsml:reuters.com:*:nASX3vDj3t
    ** Says it is planning to commence diamond drill programme
at the Dome project in November
    ** Stock set for its third consecutive session of gains
    ** Trading volumes are 6.5x the 30-day verage of 3.7 mln
shares
    ** As of last close, stock up 89% this year

 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))