Australia's Latin Resources hits over 5-year high on lithium finds at Brazil project

Latin Resources

28/06/2023 03:39

** Shares of mineral explorer Latin Resources  LRS.AX  rise
as much as 17.4% to A$0.288 - their highest since March 13, 2018
    ** Co intersects spodumene-rich pegmatites in multiple
diamond drill holes at its Salinas Lithium Project in Brazil
    ** Says latest drilling and mapping results confirm presence
of a "district scale" lithium corridor within Latin's tenements
    ** More than 19.4 mln shares change hands, 1.2 times the
30-day avg of 15.7 mln shares
    ** As of last close, stock had more than doubled in value
this year

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