Australia's Asra Minerals rises on positive results from rare-earths study

Goldarc Resources

21/07/2022 05:26

** Shares of Asra Minerals  ASR.AX  rise as much as 13.6% to
A$0.025, set to mark best session since May 17, if gains hold
    ** Co receives https://www.asx.com.au/asxpdf/20220721/pdf/45c1hfxldxrr30.pdf
 interim mineralogical report confirming that its heavy rare
earths elements discovery at the Mt Stirling project in Western
Australia is conducive to low-cost processing
    ** Says results are "extremely positive" for the development
of a cost-effective critical metals separation process at the
Yttria prospect
    ** Stock hits highest level since July 14
    ** More than 3.5 mln shares have changed hands, compared
with the 30-day average of about 2.8 mln shares 
    ** As of last close, ASR down ~4.4% YTD     


 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))