Australia's Lanthanein Resources rises on SA project drilling

Fortuna Metals

30/03/2023 01:43

** Shares of Lanthanein Resources Ltd  LNR.AX  rise as much
as 11.1% to A$0.020, their highest since March 9
    ** Mineral explorer says drilling has started at its
Murraydium rare earth project in South Australia (SA)
    ** Says drilling plans to target rare earth elements (REE)
in the shallow Loxton Parilla Sands region 
    ** LNR stock gains for a third straight session 
    ** More than 8.6 mln shares change hands, vs the 30-day
average volume of 2.8 mln shares
    ** Stock down 14.3% this year, as of last close

 (Reporting By Udbhav Krishna P in Bengaluru)
 ((UdbhavKrishna.P@thomsonreuters.com))