Australia's Armada Metals rises on identifying new drill targets in Africa project

Rapid Critical Metals

14/11/2022 04:16

** Shares of Armada Metals Ltd  AMM.AX  rise as much as 9.2%
to A$0.071, their highest since Oct 5
    ** Mining co says two new concealed drilling targets,
Libonga Central and Libonga Central Extension, have been
identified at its Nyanga Project in Gabon, central Africa 
 urn:newsml:reuters.com:*:nASX8WlW18
    ** Says following the identification, 1,500 line-kilometre
MobileMT survey is planned at the project 
    ** More than 103,850 shares change hands, compared with the
30-day average volume of 51,320 shares 
    ** Shares down 51.9% this year, as of last close
 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))