BUZZ-Australia's TG Metals jumps on lithium target find at WA project

Reuters05-01

** Shares of TG Metals rise as much as 9.8% to A$0.225, their highest since April 12

** Stock posts its biggest intraday percentage gain since April 23

** Lithium explorer says independent consultants have defined a potential significant hard rock lithium target deposit at its Lake Johnston Project in Western Australia

** Adds size, grade and geometry of deposit provides a standalone mining and processing opportunity at project

** About 228,000 shares change hands, compared with the 30-day average volume of nearly 159,000

** Stock down 46.8% YTD, as of last close

(Reporting by Aaditya Govind Rao in Bengaluru)

((Aaditya.govindrao@thomsonreuters.com;))

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