Australia's PVW Resources soars on rare earths find

Union Star Metals

09/02/2023 02:33

** Shares of PVW Resources Ltd  PVW.AX  climb as much as
27.3% to A$0.14, on track for best day since Oct 21, 2021
    ** Gold miner says multiple new heavy rare earth targets
identified from 2022 air-core drilling at its Tanami heavy rare
earth and gold project in Western Australia
    ** Says the new discovery has opened up new opportunities
for follow-up exploration in 2023
    ** Stock hits highest level since Nov 15
    ** More than 400,044 shares change hands, over 6 times the
30-day average volume 
    ** Stock up 11.1% this year, as of last close
 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))