Australia's Lykos Metals hits 1-week high on mineral finds at Balkan projects

Yugo Metals

04/02/2022 02:32

** Shares of Lykos Metals Ltd  LYK.AX  climb as much as
12.5% to A$0.315, their highest level since Jan 27
    ** The battery metals explorer says it found further nickel
and cobalt at its Sockovac project in Bosnia and Herzegovina
    ** Also confirms large gold and copper finds at its
Sinjakovo project, also in Bosnia and Herzegovina
    ** "Results to date have surpassed our expectations," says
Managing Director Mladen Stevanovic on exploration results at
both projects
    ** Stock eyes best session since Jan 27
    ** As of last close, Lykos stock down 6.7% YTD 


 (Reporting by Harshita Swaminathan in Bengaluru)
 ((Harshita.Swaminathan@thomsonreuters.com))