NickelSearch Ltd. (AU:NIS) has released an update.
NickelSearch Ltd. reports a positive quarter with significant lithium discovery at their Carlingup Project and strategic cost reductions. A 1,600m x 450m lithium in-soil anomaly with high lithium values has been identified, alongside cost-cutting measures including staff reductions and office closure, enabling a stronger focus on exploration. The company’s cash reserves stood at $1.68 million as of June 30, 2024.
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