** Shares of the Australian gold and base metal miner
WC8.AX soar as much as 35% to A$0.0405, their highest since
December 3, 2020
** Stock last up 20% at 0215 GMT, set for best day since May
10
** Co starts reverse circulation drilling at Red Panda
lithium, caesium, and tantalum pegmatite in Western Australia
urn:newsml:reuters.com:*:nASX4rvr3G
** Says six reverse circulation drill holes will be
completed to test composition, mineral zonation, depth extent
and geometry of Red Panda
** Adds that drilling is part of a joint venture agreement
with WA-based Fairplay Gold
** More than 21 mln shares have changed hands vs the 30-day
average of about 2.8 mln shares
** Stock up 7.14% YTD as of last close
(Reporting by Jaskiran Singh in Bengaluru)
((jaskiran.singh@thomsonreuters.com))