Australia's Mamba Exploration tracks best day ever on rare earth find

Mamba Exploration

16/09/2022 05:22

** Shares of metal explorer Mamba Exploration Ltd  M24.AX 
jump as much as 44% to A$0.180 - set to mark their best session
ever if gains hold
    ** M24 says rare earth element (REE) targets identified on
the Ashburton/Gascoyne project in Western Australia (https://bit.ly/3qIWOeR)
    ** Says evaluation of the REE potential of co's tenements is
ongoing
    ** More than 1.4 mln shares change hands, vs the 30-day
average of about 85,000 shares
    ** Stock hits highest since March 2
    ** Stock had fallen ~37.50% this year, as of last close

 (Reporting By Udbhav Krishna P in Bengaluru)
 ((UdbhavKrishna.P@Thomsonreuters.com))