Australia's New Age Exploration hits 1-month high on survey completion

New Age Exploration

08/11/2023 04:42

** Shares of New Age Exploration  NAE.AX  rise as much as
16.7% to A$0.007, their highest level since Oct 4
    ** Stock posts its biggest intraday pct gain since Nov 1    
    ** Co says cultural heritage survey completed with Kariyarra
Aboriginal Corp for drill programme at Quartz Hill Project in
Western Australia
    ** Adds established project timetable and secured necessary
heritage clearances to facilitate expansion of LCT-focused
(lithium, caesium, tantalum) exploration program at Quartz Hill
Project
    ** Primary objective is to start drilling at high-priority
targets accessible to NAE, to test for below-target areas of
lithium anomalism detected in soil samples - NAE
    ** Stock down 20% YTD, as of last close

 (Reporting by Roshan Thomas in Bengaluru)
 ((Roshan.Thomas@thomsonreuters.com;))