Australia's Latin Resources hits one-month high on drilling update

Latin Resources

16/03/2022 01:13

** Shares of minerals explorer Latin Resources  LRS.AX  rise
as much as 22% to A$0.050, their highest since Feb. 16
    ** Says https://www.asx.com.au/asxpdf/20220316/pdf/45723vzxplsl0b.pdf
 drilling at its Salinas Lithium project in Brazil continues to
intersect wide, shallow dipping spodumene rich pegmatites 
    ** Stock posts its biggest intra-day percentage gain since
Feb. 16
    ** Volumes are 5 times their 30-day avg of about 9 mln
shares
    ** As of last close, LRS up 41.4% so far this year


 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))