Australia's Greenwing Resources climbs after confirming lithium in Argentina project

Greenwing Resources

02/12/2021 01:19

** Shares of Greenwing Resources  GW1.AX  rise as much as
26.7% to A$0.570, their highest since March 26
    ** Miner says results from initial exploration programme at
its San Jorge Lithium Brine Project in Argentina confirm the
presence of lithium  urn:newsml:reuters.com:*:nASX2wrjMZ
    ** Says results suggest the basin may extend to a depth of
up to 600m, "significantly" deeper than the initial estimate of
300m 
    ** Shares on track for their best day since Nov. 4
    ** At more than 1.6 mln shares, volume 3.1 times the 30-day
average of 537,081 shares
    ** As of last close, stock has more than doubled in value
this year

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