Australia's Mamba Exploration jumps on rare-earths find at WA project

Mamba Exploration

25/05/2023 02:32

** Shares of Mamba Exploration Ltd  M24.AX  jump as much as
66.7% to A$0.175, set for best day since March 29, if gains hold
    ** The mineral explorer says drilling intersected wide and
shallow rare-earths element (REE) mineralisation at its Hyden
REE project in Western Australia
    ** Mamba stock at its highest level since April 24
    ** Stock down ~28% YTD, as of last close

 (Reporting by Ayushman Ojha in Bengaluru)
 ((Ayushman.ojha@thomsonreuters.com;))