Australia's Firetail Resources gains on lithium project exploration results

Mammoth Minerals

15/09/2022 02:14

** Shares of Firetail Resources Ltd  FTL.AX  jump as much as
8.33% to A$0.262 in their biggest intraday pct gain since Aug.
23 
    ** Mining co confirms "goldilocks zone" at Yalgoo lithium
project in Western Australia (https://bit.ly/3S0bn9w)
    ** Says area confirmed to envelope high-grade
lithium-caesium-tantalum (LCT) rock chip samples 
    ** Goldilocks zone is known as a defined corridor in which
LCT pegmatites exist 
    ** As of last close, stock had fallen 34.2% since debut on
April 13

 (Reporting by Echha Jain in Bengaluru)
 ((Echha.jain@thomsonreuters.com))