Australia's Widgie Nickel soars on lithium find in Queensland
03/10/2022 03:03
** Shares of Widgie Nickel Ltd WIN.AX gain as much 51.1%
to A$0.355 in their biggest intraday pct rise since June 27
** Nickel exploration and development firm identifies
high-grade lithium bearing pegmatites from rock chip sampling at
the Faraday prospect in Queensland
** Co says spodumene is the dominant lithium mineral
observed at the prospect
** Shares touch their highest level since Aug 8
** Almost 10 mln shares change hands vs the 30-day average
of 517,000 shares
** Stock had fallen 2.1% this year, as of last close
(Reporting by Echha Jain in Bengaluru)
((Echha.jain@thomsonreuters.com))