Australia's Astute Metals jumps on lithium find at US project

Venari Minerals NL

04/02/2025 04:50

** Astute Metals  ASE.AX  soars 18.8% to A$0.038, highest
since Jan. 20
    ** Stock rose as much as 21.9% to A$0.039 earlier in the
day, marking the biggest intraday gain since Jan. 20
    ** Diversified explorer says it has identified new zone of
lithium bearing clay-rich rocks at its Red Mountain Lithium
Project in Nevada, USA
    ** Adds, "Identification of new high-grade lithium-bearing
unit increases project's potential"
    ** Around 784,720 shares traded, 2.3x the 30-day avg    
    ** ASE up 35.7% YTD

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)
 ((Jasmeenaraislam.shaikh@thomsonreuters.com))