Australia's Lycaon Resources jumps on heritage nod at WA niobium project

Solara Minerals

16/09/2024 02:17

** Shares of Lycaon Resources  LYN.AX  rise as much as 25%
to A$0.3, their biggest intraday percentage gain since May 3
    ** Stock hits its highest level since July 25
    ** The diversified explorer says it got heritage clearance
to start drilling at its Stansmore Niobium-Rare Earth Elements
Project in Western Australia
    ** About 597,000 shares change hands, compared with the
30-day average volume of around 89,000
    ** Stock up 35% YTD, including session's move



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