Australia's Lithium Plus Minerals rises on pegmatite find in Northern Territory

Lithium Plus Minerals

07/09/2023 02:05

** Shares of Lithium Plus Minerals Ltd  LPM.AX  rise as much
as 60.7% to A$0.450, their biggest intraday pct jump 
    ** The lithium miner intersects strongly mineralised
pegmatite at Lei prospect in Northern Territory of Australia
    ** Says the find represents one of the largest mineralised
intersections ever recorded from the Bynoe pegmatite field
    ** Co remains on track for declaration of a maiden
high-grade lithium resource by Q4 2023 
    ** Co's shares hit highest level since Dec 15, 2022
    ** Lithium Plus stock down 24.3% YTD, as of last close 
   

 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))