Auroch Minerals soars on spodumene find in Western Australia

Ore Resources

20/03/2023 02:34

** Shares of Auroch Minerals Ltd  AOU.AX  jump as much as
41.3% to A$0.065, on track for best day since Nov 24, if gains
hold
    ** Nickel miner says shallow spodumene bearing intercepts
have been confirmed from its phase 1 reverse circulation 
drilling programme at Kangaroo Hills Lithium Project in Western
Australia
    ** Says co is fully funded for next round of drilling with
preparations for follow up drill campaign to commence
immediately
    ** Stock hits highest since Feb 7
    ** More than 6.3 mln shares change hands, ten times the
30-day average volume 
    ** Stock down 9.8% this year as of last close


 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))