** Shares of Meteoric Resources NL MEI.AX rise 29% to A$0.089, their highest level since January 22
** Stock is the top gainer on the ASX All Ordinaries Index
** Rare earth exploration co identifies high-grade rare earths at its Caldeira Rare Earth Element Ionic Clay project in Brazil
** Stock set for its strongest session since February 1, 2023 - if current trends hold
** About 23 mln shares change hands, 2.9x the 30-day average of 8 mln shares
** Stock up 4.7% YTD, including current session's moves
(Reporting by Manasi Dasa in Bengaluru)
((Manasi.DasaSundeep@thomsonreuters.com;))
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