** Shares of Lithium Plus Minerals LPM.AX rise as much as
9.6% to A$0.745, their highest level since Oct. 18
** Says the third diamond drill hole at the Lei prospect in
its Bynoe Lithium project in Northern Territory, Australia found
pegmatites, a source of lithium urn:newsml:reuters.com:*:nASX1c6Cl3
** Drilling program to continue into early December,
Executive Chairman Bin Guo says early drilling outcomes are
"highly encouraging"
** LPM down 2.9% since listing on April 26
(Reporting by Harshita Swaminathan)
((Harshita.Swaminathan@thomsonreuters.com))