Australia's Lithium Plus climbs on pegmatite discovery at Northern Territory project

Lithium Plus Minerals

11/08/2022 06:35

** Shares of Lithium Plus Minerals  LPM.AX  climb as much as
28.9% to A$0.780, their highest since May 5
    ** The mineral explorer says maiden diamond drill hole at
Lei Prospect in Northern Territory intersected "significant"
pegmatite mineralisation  urn:newsml:reuters.com:*:nASX4qJ8X8
    ** Says second diamond drill hole at the prospect is
underway 
    ** More than 2.5 mln shares change hands, 10.6 times the
30-day average of 239,084 shares
    ** As of last close, stock down 13.6% since April listing

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