Australia's Latin Resources surges on lithium find at Brazil project

Latin Resources

30/03/2022 04:53

** Shares of Latin Resources  LRS.AX  rise as much as 38.2%
to A$0.105, their highest since November 2018 
    ** Co says initial drilling at the southern target of
Salinas Lithium project have confirmed a potential new
high-grade lithium discovery  urn:newsml:reuters.com:*:nASX5VcFh7
    ** Says positive assay results now increase the company's
growing confidence that it has discovered a significant lithium
occurrence.
    ** Stock on track for four consecutive session of gains 
    ** About 177.6 mln shares change hands compared with a
30-day average of 20.4 mln shares 
    ** Stock more than doubled this year, as of last close 

 (Reporting by Tejaswi Marthi in Bengaluru)
 ((tejaswi.marthi@thomsonreuters.com))