Australia's Qx Resources jumps on starting lithium mine drilling

Qx Resources

12/12/2022 24:53

** Shares of Qx Resources Ltd  QXR.AX  jump as much as 10%
to A$0.055, on track for best day since Nov 18
    ** Gold and lithium miner says drilling has commenced for
its new lithium project at Turner River, Western Australia
 urn:newsml:reuters.com:*:nASXRtPQ4
    ** Says it is targeting the potential for either lithium
bearing pegmatites or a new style of large tonnage hard rock
lithium deposit rich in lithium micas (lepidolite) for the
project
    ** Stock is up over two-fold this year, as of last close
 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))