Lanthanein Resources hits 2-month high on lithium anomaly find at WA project

Fortuna Metals

22/04/2024 03:54

** Shares of Australia's Lanthanein Resources  LNR.AX  rise
as much as 71.4% to A$0.006, logging their biggest intraday pct
gain since Dec. 6, 2023
    ** Stock at its highest level since Feb. 23
    ** Rare earths explorer posts results from soil sampling
programme at Lady Grey Lithium project in Western Australia (WA)
    ** Discovery of such large coherent lithium geochemical
anomaly at new Godzilla prospect leads us to believe that we may
be in early stages of large lithium discovery - LNR
    ** Godzilla prospect is a part of Lady Grey Lithium project
    ** 63.9 mln shares change hands as of 0242 GMT, vs 30-day
average volume of 8.6 mln shares
    ** Stock down 69.6% YTD, as of last close

 (Reporting by Roshan Thomas in Bengaluru)
 ((Roshan.Thomas@thomsonreuters.com))