Australia's Riversgold rises on lithium finds in WA project

Riversgold

13/03/2023 03:29

** Shares of Riversgold Ltd  RGL.AX  rise as much as 5.6% to
A$0.019
    ** Mineral explorer says drilling results confirm multiple 
spodumene-rich (lithium aluminum silicate mineral)
mineralisation in pegmatites widths at Tambourah Lithium Project
in Western Australia
    ** Adds, results from field programs expected in the next
few weeks and will provide basis for the 2023 drilling and
exploration program which is scheduled to start late March 
    ** More than 4.9 mln shares change hands, vs the 30-day
average volume of 3.1 mln shares
    ** Stock has fallen 40% this year, as of last close
    
  

 (Reporting By Udbhav Krishna P in Bengaluru)
 ((UdbhavKrishna.P@Thomsonreuters.com))