Australia's Riversgold jumps on lithium oxide discovery at WA project

Riversgold

15/06/2022 02:18

** Shares of lithium explorer Riversgold  RGL.AX  climb as
much as 18.2% to A$0.039, their best day since May 18, if gains
hold
    ** Riversgold says it has discovered up to 3.14% lithium
oxide at surface at its Tambourah lithium project in Western
Australia  urn:newsml:reuters.com:*:nASXbC97dX
    ** Stock hits highest since June 7
    ** Says lithium mineralization discovered to date represents
just a small part of the overall tenement potential, with
further exploration slated for the coming months
    ** Stock has more than doubled in value YTD as of last close
    


 (Reporting by Riya Sharma in Bengaluru)
 ((Riya.Sharma@thomsonreuters.com;))