Australia's Askari Metals rises on offshore lithium prospects

Highland Metals

29/12/2023 04:56

** Shares of Askari Metals  AS2.AX  rise as much as 6.1% to
A$0.175, their highest level and biggest intraday gain since
Dec. 21
    ** Diversified miner says current exploration assays
received from offshore lithium project in Namibia generate
confidence for drill testing in 1Q2024
    ** Co adds targets are highly prospective for lithium
mineralization
    ** Stock has fallen 62.1% this year, as of last close

 (Reporting by Shivangi Lahiri in Bengaluru)
 ((shivangi.lahiri@thomsonreuters.com))