Australia's Western Yilgarn rises on potential lithium find at WA project

Western Yilgarn NL

02/03/2023 03:16

** Shares of mineral explorer Western Yilgarn NL  WYX.AX 
jump as much as 20% to A$0.120, their highest since Jan. 11
    ** Co says initial geochemistry program at its Bulga project
in Western Australia has identified potential
lithium-cesium-tantalum pegmatite targets 
    ** Says the program also defined nickel-copper-cobalt
targets over 1 to 2 kilometre distance
    ** Adds, it has submitted tenement applications to increase
coverage from the present 154 square kilometre (sq km) area to
429 sq km
    ** As of last close, stock down more than 23% this year

 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))