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Moonbound Mining Expands Lithium Exploration and Assets

Story Highlights
  • Moonbound Mining raises funds and progresses with lithium project explorations.
  • Initial drilling campaign and resource concentration testing set to enhance lithium operations.
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Moonbound Mining Expands Lithium Exploration and Assets

Moonbound Mining Ltd. (TSE:MML) has released an update.

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Moonbound Mining Ltd. is advancing its Norrabees Lithium Project in South Africa, having raised CAD$8.6M this year for project development and strategic initiatives. The company has completed various explorations, confirming 51 historical pegmatites and is preparing for an initial drilling campaign to build on high-grade lithium results. Additionally, it has undertaken metallurgical testing to concentrate lithium resources and is in the process of acquiring Continental Lithium Africa to expand its asset base.

For further insights into TSE:MML stock, check out TipRanks’ Stock Analysis page.

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