Australia's Greenwing rises as Argentina lithium project signals expanded brine body

Greenwing Resources

05/08/2022 03:21

** Shares of critical minerals exploration co Greenwing
Resources  GW1.AX  rise as much as 13.95% to A$0.245, mark their
best intraday session since July 14
    ** GW1 says geophysical survey indicates an expanded brine
body at San Jorge Lithium brine project in Argentina
 urn:newsml:reuters.com:*:nASX71pMzx
    ** Co to start drilling in September or October; evaluation
of multiple lithium extraction technologies underway
    ** Negotiating a contract with an Argentine drilling company
for the programme, says co
    ** Stock down ~50% this year, as of last close

 (Reporting by Anan Ashraf in Bengaluru)
 ((Anan.Ashraf@thomsonreuters.com;))