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Cobre Montana Acquires 5th Lithium Project in Western Australia
Feb. 11, 2015 08:39AM PST
Battery MetalsCobre Montana (ASX:CXB) has exercised its option to purchase a lithium exploration license near Ravensthorpe in Western Australia. This represents Cobre Montana’s fifth investment in lithium in the state.
Cobre Montana (ASX:CXB) has exercised its option to purchase a lithium exploration license near Ravensthorpe in Western Australia. This represents Cobre Montana’s fifth investment in lithium in the state.
As quoted in the press release:
The license area contains a significant proportion of the Cocanarup Pegmatite Field which hosts lithium and rare metals and forms part of a geological suite hosting the nearby Mt Cattlin lithium/tantalum project, owned by Galaxy Resources (ASX:GXY) and recently subject to an option to purchase by General Mining (ASX:GMM).
Click here to read the Cobre Montana (ASX:CXB) press release
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