Australia's Castle Minerals rises on potential lithium finds at WA project

Terranova Metals

16/03/2023 04:52

** Shares of Castle Minerals Ltd  CDT.AX  rise as much as
9.5% to A$0.023, biggest intraday pct gain since Jan. 11
    ** Mining co says soil sampling completed at Woodcutters
Lithium Project in Western Australia validating presence of
lithium-bearing pegmatites
    ** Adds lab results are expected by late April
    ** Says follow up drilling test will take place if results
are positive   
    ** More than 1.7 mln shares change hands, vs 30-day average
volume of 1.3 mln shares
    ** Stock has been flat this year, as of last close
    
  

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