Astro Resources NL (AU:ASE) has released an update.
Astro Resources NL has reported the discovery of high-grade lithium claystone mineralisation at its Red Mountain Lithium Project in Nevada, USA, with assays up to 4,150ppm lithium. This extends the lithium horizon by 1.4km north of a recent drilling site, indicating a larger scale of the potential resource. Enthusiasm surrounds the upcoming assay results from eight remaining drill holes, which could further affirm Red Mountain’s significance in the lithium market.
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