The Conversation (0)
Oceana Lithium (ASX:OCN) is well-positioned to explore three strategic and highly prospective lithium projects in Australia, Canada and Brazil — all tier-one mining jurisdictions. Oceana Lithium is an early-stage exploration company with flagship Solonópole project displaying considerable promise.
The company's well-informed exploration strategy stems from veteran geologists and mining professionals with decades of experience between them. It's already identified multiple exploration targets across all three projects, all of which are highly prospective and known to contain lithium.
Oceana's Solonópole project consists of eight permits covering 114 square kilometers of highly prospective ground. Detailed field mapping by Oceana's Brazilian subsidiary Ceara Litio has identified a significant mineralized pegmatite corridor within the company's claim. The permits also cover several historic artisanal mining sites previously tapped for lithium, tantalum, niobium and tin.
Company Highlights
- Oceana Lithium is an early-stage exploration company with significant discovery opportunities.
- The company maintains three strategic and highly prospective lithium projects in Australia, Canada and Brazil — all tier-one mining jurisdictions.
- Brazil in particular is an emerging international destination for lithium, with multiple promising discoveries in recent years.
- Recent investments in battery manufacturing within the country also present a huge opportunity for lithium exploration.
- Oceana's well-informed exploration strategy is helmed by geologists with considerable experience, including James Abson, Uwe Naeher, and Renato Braz Sue.
- The company has committed to embracing Indigenous peoples and values within its project areas with the goal of sustainable critical minerals development that honours the lives, memories, sacred sites, traditions and hopes of landowners.
- The company is well-funded to advance exploration on all its projects, with $6 million in cash following a well-supported private placement in July 2023.
- Investors can expect strong newsflow over the coming months, as drilling is underway in Brazil and on-ground exploration has commenced in Canada.
This Oceana Lithium profile is part of a paid investor education campaign.*
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