Australia's Krakatoa Resources rises on identifying widespread pegmatites at WA project
08/08/2023 03:30
** Shares of Krakatoa Resources KTA.AX climb as much as
6.9% to A$0.031, hitting their highest since Aug. 3
** Mineral explorer says it has identified widespread
pegmatites at its Mt Clere project in Western Australia
** Co says identified pegmatites could hold potential for
lithium-caesium-tantalum (LCT) and niobium-yttrium-fluorine
(NYF) mineralisation, as well as rare earth elements (REE)
** Stock down 34.1% YTD, as of last close
(Reporting by Riya Sharma in Bengaluru)
((Riya.Sharma@thomsonreuters.com;))