Calm down it is just an approval to start exploration drilling.
Its not an approval to mineJune 6, 2024KINGMAN, Ariz. - The Bureau of Land Management today announced its approval of the Big Sandy Valley Lithium Exploration Project near Wikieup. The BLM’s decision, which incorporates significant input from the public and Tribal Nations, allows Big Sandy, Inc.—a subsidiary of Arizona Lithium Ltd.— across approximately 21 acres of BLM-managed public land to determine whether a full-scale lithium mining operation could be viable. Drilling operations will be conducted by theNavajo Transitional Energy Company
If mining is determined to be viable and the company proposes commercial lithium mining operations, they will be required to submit a plan of development, which would be subject to further environmental review and opportunities for additional public comment.
Ann: Trading Halt, page-20
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