The latest announcement is out from Lithium Plus Minerals Ltd. ( (AU:LPM) ).
Lithium Plus Minerals Ltd. has announced significant progress in the development of its Bynoe Lithium Project, particularly at the Lei Deposit. The company has achieved critical milestones in the economic assessment of an underground mine and a Direct Shipping Ore (DSO) pathway, including ore sorting trials and metallurgical test work that enhance the project’s economics. With a mining lease application and environmental assessments underway, Lithium Plus is focused on securing necessary permits for production readiness by 2025. Additionally, the company is exploring the gold potential at its Wingate Project, indicating a broader resource development strategy.
More about Lithium Plus Minerals Ltd.
Lithium Plus Minerals Ltd. operates in the mining industry, focusing on the exploration and development of lithium deposits. The company is primarily engaged in the development of the Bynoe Lithium Project, which includes the high-grade Lei Deposit, strategically located near Darwin, Northern Territory, Australia.
YTD Price Performance: -26.67%
Average Trading Volume: 122,946
Technical Sentiment Consensus Rating: Buy
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