Australia's Reach Resources rises on multiple metal finds in WA projects

Reach Resources

13/12/2022 24:26

** Shares of Reach Resources Ltd  RR1.AX  rise as much as
40% to A$0.0070, their highest since Sept. 30 
    ** Gold and base metals miner says high-grade assays of
Niobium, Yttrium & Dysprosium have been returned from co's
Critical Elements Project and Skyline Rare Earths project in
Western Australia 
    ** About 40.21 mln shares trade hand compared to 30-day
average trading volume of 1.78 mln
    ** Shares of co are down 28.6% YTD as of last close 
 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))