Australia's Koba Resources rises on identifying pegamatite targets at WA lithium project

Koba Resources

19/04/2023 06:02

** Shares of Koba Resources Ltd  KOB.AX  rise as much as
9.4% to A$0.175, their highest since Feb. 9
    ** Co identifies 28 high-quality pegmatite targets and
another 36 priority pegmatite targets at its Python Lithium
Project in Western Australia
    ** Says initial field programmes to assess these new targets
are set to start
    ** Adds field programmes will include investigation, mapping
and sampling of the pegmatite targets
    ** Trading volumes 6.5 times the 30-day average of 112,448
shares
    ** As of last close, stock up 14.3% this year

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