Australia's Riversgold Resources rises on lithium find in Pilbara project

Riversgold

21/03/2022 23:58

** Shares of Riversgold Resources Ltd  RGL.AX  rise as much
as 16.7% to A$0.042, set for their best day since Jun 26, 2020, 
if gains hold
    ** The minerals explorer says it has confirmed multiple
lithium-bearing pegmatite dykes within the Tambourah tenement
package in Pilbara, Western Australia  urn:newsml:reuters.com:*:nFWN2VO10E
    ** Adds that results confirm project's potential to host a
large lithium-caesium-tantalum system
    ** Shares hit highest level since Aug 16
    ** About 11.6 mln shares change hands, 8.2 times compared
with the 30-day average volume of 1.4 mln shares 
    ** Stock up more than double this year, as of last close


 (Reporting by Archishma Iyer)
 ((Archishma.Iyer@thomsonreuters.com;))