Kalamazoo Resources climbs on acquiring lithium project in Western Australia

Kalamazoo Resources

14/12/2021 01:29

** Shares of mineral explorer Kalamazoo Resources Ltd
 KZR.AX  rise as much as 14.7% to A$0.390, set for their best
day since Oct. 20
    ** Co acquires three exploration licences referred to as the
"Pear Creek Lithium Project" in Western Australia  urn:newsml:reuters.com:*:nASXbXGVnp
    ** Says the licenses cover about 147 sq km of highly
prospective lithium and gold geology and nearly doubles KZr's
lithium exploration tenure 
    ** Shares hit their highest since Nov. 16
    ** Volumes are 1.5 times the 30-day average of 153,223
shares
    ** As of last close, stock down 42.9% this year

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