Australia's Reach Resources gains on increased mining scale at WA project

Reach Resources

15/09/2023 03:31

** Shares of Reach Resources  RR1.AX  rise as much as 15.4%
to A$0.015, their highest level since Aug 25 
    ** The mineral explorer says it has identified multiple new,
wide and strike extensive mineralised rocks pegmatites at its
Morrissey Hill lithium project in Western Australia
    ** Co says the new target areas significantly increase the
scale of opportunity at the project, with total strike length of
prospective pegmatites now in excess of 10 kilometers
    ** Stock up 160% YTD, as of last close
 

 (Reporting by Ayushman Ojha in Bengaluru)
 ((Ayushman.ojha@thomsonreuters.com;))