BUZZ-Australia's Lord Resources gains on farm-in deal with Mineral Resources

Reuters03-20

** Shares of Lord Resources rise as much as 135.3% to A$0.120, posting a record intraday pct gain

** Stock at its highest since May 29, 2023

** The diversified explorer says it has executed a farm-in agreement on the Horse Rocks Lithium Project with Mineral Resources Ltd

** MinRes to spend A$1 mln ($653,400) in exploration and earn 40% of the project

** About 16.2 mln shares change hands, 171.1x the 30-day avg volume

** Stock down ~19% YTD, as of last close

($1 = 1.5305 Australian dollars)

(Reporting by Neha Soni in Bengaluru)

((Neha.Soni@thomsonreuters.com))

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