Australia's Krakatoa Resources hits 3-week high on rare earth find
** Shares of Krakatoa Resources KTA.AX rise as much as
4.8% to A$0.066, hitting their highest since Oct. 12
** KTA says rare earth elements confirmed at Tower prospect,
Mt Clere project, in Western Australia urn:newsml:reuters.com:*:nASX9hGhnc
** Further drilling commenced to extend mineralisation, says
co
** Stock up ~28.6% this year as of last close
(Reporting by Anan Ashraf in Bengaluru)
((Anan.Ashraf@thomsonreuters.com;))