April 27, 2017 / 4:34 AM / 4 months ago

BUZZ-Australia's Orocobre rises; to start drilling at Argentina property

1 Min Read

** Miner Orocobre Ltd rises as much as 4.7 pct to A$2.87, its highest in two weeks

** Says to start phase-one drilling, with its JV partner Advantage Lithium Corp, early next week at its flagship lithium property in NW Argentina

** Says Advantage Lithium to increase its interest in the project to 75 pct from 50 pct

** Stock posts biggest intraday pct gain since April 7

** Up to Wednesday's close, stock had fallen 40 pct this year (Reuters Messaging: nicole.pinto.thomonreuters.com@reuters.net)

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