Australia's Mandrake Resources eyes best day in over 6 wks on project update
** Shares of Mandrake Resources MAN.AX rise as much as
10.5% to A$0.042, their biggest intraday gain since Jan. 29
** Stock at its highest since Feb 9
** Lithium explorer says substantial exploration target for
lithium mineralization have been defined at the Utah Project
** About 5 mln shares change hands, 7x the 30-day avg volume
** Stock down ~12% YTD as of last close
(Reporting by Neha Soni in Bengaluru)
((Neha.Soni@thomsonreuters.com))
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