In return for the 51% stake, Walkabout must spend A$200,000 on...

In return for the 51% stake, Walkabout must spend A$200,000 on exploration and a further A$10,000 if it elects to develop an inferred resource.

“The inclusion of EPL5691 into the Eureka lithium project, and, more importantly, the addition of vast amounts of previously unmapped and unsampled pegmatites strengthens the company’s position and our intention is to assemble a dominant holding for lithium prospectivity within Namibia,” Walkabout executive chairman Trevor Benson said.

The earn-in remains subject to due diligence and will begin exploration as soon as that has been completed.

Article: https://*********.com.au/walkabout-resources-corrals-lithium-ground-namibia/