Australia's Scorpion Metals set for best day in 2 weeks after lithium find

Scorpion Minerals

02/03/2022 02:56

** Shares of Scorpion Minerals Ltd  SCN.AX  jump as much as
8.8% to A$0.074, set for their best day since Feb 14, if gains
hold 
    ** The gold-focussed mineral explorer says it has extended
the strike zone to 50km for lithium, caesium and tantalum
pegmatite potential within the co's Pharos project in Western
Australia  urn:newsml:reuters.com:*:nFWN2V41DT
    ** Says near-term activities like geological mapping and
drilling will start after relevant approvals are sought
    ** Stock hits highest level since Feb 15
    ** Stock down 8.1% this year, as of last close
    

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