Australia's Venus Metals gains on WA project's lithium potential

Venus Metals

27/05/2022 01:43

** Shares of Venus Metals Corp  VMC.AX  rise as much as 9.1%
- set for best day since May 11, if gains hold
    ** Gold-lithium explorer says exploration found encouraging
rock formations with lithium content at the Henderson tenements
in Western Australia  urn:newsml:reuters.com:*:nASX4SzB2L
    ** Adds a reverse circulation drill rig has been secured to
test areas prospective for lithium
    ** Stock hits highest level since May 18
    ** Nearly 100,000 shares change hands, compared with the
30-day average volume of about 69,000 shares 
    ** Stock down 5.7% this year, as of last close

 (Reporting by Jaskiran Singh in Bengaluru)
 ((Jaskiran.Singh@thomsonreuters.com;))