LTR 0.36% $1.40 liontown resources limited

ASX ANNOUNCEMENT RED MOUNTAIN MINING LTD 10 July 2023 Red...

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    ASX ANNOUNCEMENT
    RED MOUNTAIN MINING LTD 10 July 2023 Red Mountain to Farm-In Liontown’s Rare Earth Project
    HIGHLIGHTS
    • Binding farm-in agreement executed with Liontown Resources for 80% interest in its prospective Monjebup Rare Earth Project
    • Attractive terms for Red Mountain in an all-scrip transaction and exploration requirement of $500,000 within 24 months to acquire 80% of the Project
    • Recent surface sampling include TREO results of up to 969ppm
    • Project located in southern Western Australia and consists of three large e
 
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