Great addition to grow NIS presence in the area, we're now witnessing some of the fruits of the nda (non-disclosure agreement) signed with AKE, given this part noted
"...New Es are largely contiguous with the existing Carlingup Project and contain a continuation of prospective structures northeast of Mt Cattlin held by Allkem Ltd (ASX:AKE),"
More historical work that makes things quicker for NIS, keeping themselves busy on top of the 140kms and 40 years of historical drills already being analysed.
Pegmatites were mapped on one of the acquired tenements, E 74/762, however
historical rock-chip samples were not assayed for lithium.
• NIS plans to accelerate exploration across the new tenements including mapping,
soil sampling, and rock-chip sampling with the intention of defining drill-ready
targets in H1 CY2024.
Following the recent capital raising and option exercising raising approximately $3.6
million before costs, we are well funded to execute our exploration programs.”
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- Ann: Major Strategic Acquisition of Mt Cattlin Lithium Tenements
Great addition to grow NIS presence in the area, we're now...
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