Australia's Lightning Minerals jumps on pegmatite finds at WA project

Lightning Minerals

13/07/2023 06:03

** Shares of Lightning Minerals Ltd  L1M.AX  jump as much as
24.2% to A$0.205, their highest since May 1
    ** Co says multiple pegmatites have been intersected at the
Dundas project in Western Australia
    ** Says drilling results confirm co's exploration strategy
of targeting multiple lithium-rubidium soil anomalies 
    ** More than 2.8 mln shares have changed hands, compared
with the 30-day average of about 135,000 shares 
    ** Stock down ~29.8% so far this year since its IPO in
November 2022
    


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