Australia's Reach Resources soars on positive sampling results from project

Reach Resources

12/06/2024 04:10

** Shares of Reach Resources  RR1.AX  rise as much as 100%
to A$0.024, their highest since Dec. 8, 2023
    ** Stock posts its biggest intraday percentage gain since
May 6
    ** Critical minerals explorer posts positive sampling
results from its Wabli Creek Project in Western Australia
    ** Co says it's found bedrock source of high-grade Niobium
and rare earth elements at project
    ** About 29.8 mln shares change hands, compared with the
30-day average volume of around 1.7 mln
    ** Stock down 34.6% YTD, as of last close



 (Reporting by Aaditya Govind Rao in Bengaluru)
 ((Aaditya.govindrao@thomsonreuters.com;))