** Shares of Metals Australia MLS.AX rise as much as 12.1%
to A$0.037, their biggest intraday gain since Oct. 30
** Minerals explorer commences lithium exploration program
at Warrambie Project in Western Australia
** Adds detailed gravity and seismic programs underway to
detect lithium pegmatites
** Stock on track to hit the highest level since Dec. 1
** 1.9 million shares change hands, compared with the 30-day
average volume of 1.8 million
** Stock has fallen 25.8% YTD as of last close
(Reporting by Rajasik Mukherjee in Bengaluru)
((Rajasik.Mukherjee@thomsonreuters.com))