Australia's Trek Metals rises on lithium confirmation in WA project
07/11/2022 01:00
** Shares of Australia's Trek Metals TKM.AX rise as much
as 56.3% to A$0.1, set to climb most since Oct 2021, if gains
hold
** The copper explorer confirms the presence of high-grade
lithium within an extensive, undrilled pegmatite system at its
Tambourah lithium project in the Pilbara region of Western
Australia urn:newsml:reuters.com:*:nASX4q7rRD
** Says the Tambourah Project is under-explored for lithium
and has never been drill tested, highlighting a significant
opportunity to make a greenfields lithium discovery
** Stock hits its highest since April 20
** Trek stock down 39.1% this year, as of last close
(Reporting by Rishav Chatterjee in Bengaluru)
((Rishav.Chatterjee@thomsonreuters.com;))