Midas Minerals Limited (AU:MM1) has released an update.
Midas Minerals Limited is set to reignite exploration efforts on the Reid-Aylmer Project in Canada after previous samples yielded high-grade lithium, with plans to map and sample over half the project area and to seek significant funding through the NWT’s Corporate Mining Incentive Program. The company anticipates that permit approvals will pave the way for a five-year drilling campaign. Midas has also opted to withdraw from the Yellowknife Lithium Project to concentrate on the more promising Reid-Aylmer site.
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