Australia's Chase Mining rises on application in areas identified with rare-earths potential

GCM

19/01/2022 24:41

** Shares of Chase Mining Corp Ltd  CML.AX  rise as much as
3.3% to A$0.016, their highest level since Dec 3, gains for a
second straight session
    ** The tungsten explorer says https://chasemining.com.au/wp-content/uploads/2022/01/CML-AREAS-IDENTIFIED-WITH-RARE-EARTH-POTENTIAL-IN-NW-QLD-19-Jan-2022.pdf
 two projects in the Boulia – Duchess area in northwest
Queensland are under application 
    ** Co says Boulia Project and Digby Peaks Project are known
for high-value rare-earths such as copper, nickel, cobalt, lead,
and zinc
    ** Adds that after application grant, proposed work
programme will initially comprise stream sediment, soil and rock
sampling designed to define the rare-earths – base metal
structures
    ** Chase Mining stock down 12.5% in 2021
    

 (Reporting by Archishma Iyer)
 ((Archishma.Iyer@thomsonreuters.com;))