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Agrimin Limited (ASX:AMN) has been granted key tenements for its Mackay Project in a fast tracked process. The company is now moving ahead with the approvals process to begin on-ground exploration.
Four of the five tenements which cover nearly 2,500 square km of Lake Mackay in Western Australia have been allowed with the fifth and final tenement expected within months.
Notice of Work has been submitted to the native title service provider and the metals and mining company has also appointed a hydrogeological consultant to the project.
Mr Murray Booker has been selected to assess the salt lake lithium and potassium brines of Lake Mackay and is expected to add considerable value to the next steps of the 2015 work program.
Agrimin Limited (ASX:AMN) made a net loss of $368,000 in the 2014 financial year.
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