@indigo
During the preceding 12 months, the Company has been conducting historical technical data reviews as well as evaluating its further corporate options for the two 100% owned lithium brine projects, Columbus Marsh and Rhodes Marsh, which it holds within the lithium-producing Clayton Valley region in Nevada,USA.During 2021, the Company received interest from third parties regarding its Columbus Marsh and Rhodes Marsh projects A Company review has highlighted the opportunity to build on relatively minimal and inconclusive exploration activity across both projects. The Board concluded that the best method for creating shareholder value was to focus on a recommencement of targeted exploration activities in the first half of 2022. To maximise efficiency in its efforts given the cross border challenges in the current global situation, the exploration program and development of the projects will be conducted by a joint collaboration between the Caeneus Australian technical team who will oversee the program and the Company’s North American-based geological consultants Plans for the Company’s 2022 exploration efforts in the Mallina Basin will be released in the coming weeks, after the Company receives its results from recent drilling.Further information will be provided prior to the commencement of exploration activities.
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Open | High | Low | Value | Volume |
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