Gold Mountain Limited (AU:GMN) has released an update.
Alderan Resources Limited has secured a majority interest in the Salitre lithium project in Brazil, with a significant 4.5km long lithium soil anomaly at Salitre North that could potentially double in size. High lithium grades, up to 134.5ppm, strongly correlate with other elements indicative of lithium-bearing pegmatites. The company is poised to conduct infill soil sampling and drilling to further explore the promising site.
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