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- White Cliff Minerals (WCN) completes the acquisition of Abraxis Minerals, which holds three adjacent tenement applications “prospective” for lithium-bearing pegmatites in WA’s Pilbara region
- The company says the transaction includes the available remote satellite data covering the Abraxis lithium project
- White Cliff plans to shortly commence a reconnaissance field mapping and sampling program at Abraxis
- White Cliff Technical Director Ed Mead says the company is “keen to get on the ground as soon as possible”
- WCN shares steady at 3.1 cents
White Cliff Minerals (WCN) has completed the acquisition of Abraxis Minerals, which holds three adjacent tenement applications “prospective” for lithium-bearing pegmatites in Western Australia’s Pilbara region.
The company said the transaction included the available remote satellite data covering the Abraxis lithium project and it planned to shortly commence a reconnaissance field mapping and sampling program.
White Cliff Technical Director Ed Mead said the company was “keen to get on the ground as soon as possible”.
“Following the acquisition and interpretation of the remote satellite data, we have been able to identify priority target areas ahead of the maiden mapping and sampling program,” he said.
“The recent results at Hines Hill and planned exploration at Abraxis, Yinnetharra and Diemals provides us with a clear exploration strategy across our sizeable Lithium and REE project tenure.”
WCN shares were steady at 3.1 cents at 10:26 am AEST.
