Australia's Wildcat Resources jumps most in over 4-1/2 mths on lithium project deal

Wildcat Resources

28/09/2021 03:34

** Shares of Wildcat Resources Ltd  WC8.AX  jump as much as
32% to A$0.033, their biggest intraday pct gain since May 10
    ** Gold miner enters https://www.asx.com.au/asxpdf/20210928/pdf/450ystk9rl01pl.pdf
 into agreement with Fairplay Gold Pty Ltd to drill for lithium,
caesium & tantalum at their Bullabulling Project, Coolgardie in
Western Australia
    ** WC8 will pay A$50,000 ($36,290) for a 6-month exclusive
option period and can earn up to 75% of non-gold rights at the
project
    ** Stock hits its highest since May 31
    ** More than 17.8 mln shares change hands, about 13x the
30-day avg of nearly 1.4 mln, in their busiest trading day since
June 2020
    ** WC8 was on trading halt on Sept. 27
    ** Stock had fallen 10.71% this year as of last close on
Sept. 24
    
  


($1 = 1.3778 Australian dollars)

 (Reporting by Dhriti Garg in Bengaluru)
 ((dhriti.garg@thomsonreuters.com))