Shares of Azure Minerals (ASX:AZS) have seen an increase of up to 7.5% to A$2.86, the highest they have been since September 5, 2008.

The mining company announced some promising findings at its Andover endeavor in Western Australia.

The company reports that it has discovered two significant high-grade lithium intersections.

These included one lithium intersection that measures 200-metres-thick and a second intersection that is 180-metres-thick.

Both intersections are of high-grade lithium.

In addition to these findings, the company is planning to initiate a new diamond drilling operation in the coming week.

An additional exploration license at Andover has also been acquired by Azure Minerals, leading to a project expansion in the area by 108 square kilometres.

The company’s stock has increased a staggering 1082.2% Year To Date as of its last closing.

Azure Minerals is a mining company that focuses on exploration and capitalization of precious metals and base minerals.