In fairness CNB aquired the Big Hill tenements for the gold potential and with Gold and copper drilling currently underway in WA and QLD that remains the primary focus. They haven't gone chasing lithium as others have it is just a pleasant surprise that they have a large lithium soil anomaly on their current land. Given lithium is currently red hot it makes sense they would do some more exploration around it as it will help support the share price while they hunt for gold and copper. The added bonus is the lithium may take centre stage itself at some point.
Ann: Significant Lithium Soil Anomaly - Big Hill, Pilbara WA, page-50
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Mkt cap ! $71.35M | |||
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