BUZZ-Australia's Reach Resources soars on positive sampling results from project

Reuters06-12

** Shares of Reach Resources rise as much as 100% to A$0.024, their highest since Dec. 8, 2023

** Stock posts its biggest intraday percentage gain since May 6

** Critical minerals explorer posts positive sampling results from its Wabli Creek Project in Western Australia

** Co says it's found bedrock source of high-grade Niobium and rare earth elements at project

** About 29.8 mln shares change hands, compared with the 30-day average volume of around 1.7 mln

** Stock down 34.6% YTD, as of last close

(Reporting by Aaditya Govind Rao in Bengaluru)

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

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