Australia's Olympio Metals up on Canada lithium project update

Olympio Metals

16/02/2024 03:41

** Shares of Olympio Metals  OLY.AX  rise as much as 38.2%
to A$0.105, their highest since Jan. 12
    ** Stock on track to post its best weekly gain since
mid-January, 2023
    ** Mineral explorer says drilling at its Cadillac Lithium
Project in Canada is well advanced and ahead of schedule
    ** Adds significant width of pegmatite have been
consistently intersected across multiple targets
    ** About 850,000 shares change hands, compared with 30-day
average volume of 103,008
    ** Stock down 27.6% YTD, based on last close



 (Reporting by Aaditya Govind Rao in Bengaluru)
 ((Aaditya.govindrao@thomsonreuters.com;))