Hi all,
Quick question...
Does anyone know if Fortescue have drilled anything further to date considering they have land adjacent to WC8 tenements? I'm not sure how accurate this is but I recall the last time they drilled anything on those tenements was around 2017-2018? Please correct me if I'm wrong. I am a shareholder of Fortescue, but I cannot seem to find any announcement of late on this front.
Here's what's interesting...
On the 27/07/23 Accelerate Resources (AX8) commenced their lithium exploration in the in East Pilbara region, adjacent to Global Lithium Resources’ (ASX:GL1) Archer deposit. See announcement below.
https://hotcopper.com.au/threads/ann-lithium-exploration-commences-at-ax8s-east-pilbara-projects.7496335/
As you will note in Figure 2 above, Accelerate Resources (AX8) East Pilbara lithium project is in close proximity to Wildcat Resources' (WC8) Lithium project Tabba Tabba, Archer River Project (GL1), Pilgangoora Lithium Project (PLS) and Wodgina Lithium Project (MIN)
On the 28/02/24 ASX company Accelerate Resources finalised the sale of two non-core Assets in East Pilbara region to Fortescue. The question is which two non-core assets did they sell and why are these of interest to Fortescue? The reason I asked the question above is because of this latest development.
https://hotcopper.com.au/documentembed?id=uOMxKKzFkiWRTLKhOROKAxjvTDYL4ge5zxnxv%2FZhh7FiGug%3D
Tony
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