Australia's Firetail hits one-week high on lithium find at project

Mammoth Minerals

08/08/2022 04:25

** Shares of Australian explorer Firetail Resources  FTL.AX 
gain as much as 10.6% to A$0.26, hits highest level since Aug. 1
    ** Announces confirmation of lithium rock samples at its
Yalgoo Lithium Project in Western Australia  urn:newsml:reuters.com:*:nASX9lP4Tc
    ** Adds maiden reverse circulation drilling at Yalgoo
scheduled to commence mid to late Sept
    ** Stock tracks best session since July 27, if gains hold 
    ** More than 290,000 shares change hands, compared with the
30-day average volume of about 130,000 
    ** Stock has fallen 35.6% since its April debut, as of last
close
 

 (Reporting by Jaskiran Singh in Bengaluru)
 ((Jaskiran.Singh@thomsonreuters.com;))