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Pilbara Acquires Pilgangoora Tantalum-Lithium Project
Apr. 02, 2014 04:46PM PST
Tantalum InvestingPilbara Minerals Ltd. (ASX:PLS) announced that it has signed a non-binding Heads of Agreement to buy five tenements at Pilgangoora that together make up the Pilgangoora tantalum-lithium project.
Pilbara Minerals Ltd. (ASX:PLS) announced that it has signed a non-binding Heads of Agreement to buy five tenements at Pilgangoora that together make up the Pilgangoora tantalum-lithium project.
Pilgangoora is the company’s second advanced tantalum project.
Highlights include:
- Five granted licences, including two exploration licences and three mining leases, covering 31km2, with historic database contains 100 drill holes totalling 7,757m.
- Potential for a significant resource at Pilgangoora providing potential feed for Tabba Tabba plant.
- Located along strike from Altura Mining’s Lithium deposit of 25.2Mt @ 1.23% LiO2.
Click here to read the full Pilbara Minerals Ltd. (ASX:PLS) press release.
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