Australia's New Age Exploration climbs on lithium find

New Age Exploration

30/11/2022 24:04

** Shares of New Age Exploration Ltd  NAE.AX  climb as much
as 25% to A$0.011, on track for their best day since Sept. 16,
if gains hold
    ** Gold explorer says results from its Phase 1 Ultrafine
soil geochemistry sampling identified extensive lithium
geochemical anomalies at the Central Pilbara Projects, Western
Australia  urn:newsml:reuters.com:*:nASX5g0vCG
    ** Says it began a helicopter-supported reconnaissance
program to assess the lithium mineralisation in more detail
    ** Stock hits highest since Sept. 21
    ** More than 46.1 mln shares change hands, around 12.6 times
the 30-day average volume 
    ** Stock down 33.3% this year, as of last close
 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))