Australia's Krakatoa Resources rises on high-grade lithium finds at WA project
05/07/2023 03:48
** Shares of Krakatoa Resources KTA.AX climb as much as
134.8% to A$0.054, their highest since Dec. 15
** Mineral explorer says it has discovered high-grade
lithium at its King Tamba project in Western Australia
** Says found multiple rock-chip results at more than 2%
lithium oxide from the project
** Says planning has started for an imminent RC drilling
program
** Stock down 47.7% YTD as of last close
(Reporting by Riya Sharma in Bengaluru)
((Riya.Sharma@thomsonreuters.com;))