(NewsDirect)
OzAurum Resources Ltd(ASX:OZM) CEO Andrew Pumphrey speaks with Proactive after announcingthe company has wrapped up due diligence for the acquisition of theLinopolis Jaime hard rock lithium project in Minas Gerais, Brazil, andis on track to take possession. The project sits in an area rich withmore than 20 lithium–caesium–tantalum (LCT) bearing pegmatites.This area has confirmed spodumene grades of up to 7.36% lithiumdioxide (LiO2) with an average spodumene grade of 6.94% LiO2. Thesespodumene crystals are unique in their coarse texture, a rarity inlithium deposits.
“I am keen to get back on the ground in Brazil and commenceexploration of the company’s Linopolis Jaime project,” Pumphreysaid.
“Whilethere, I will be looking to acquire a diamond drilling rig and get ourin-house diamond drilling capability organised which will provide uswith certainty around our exploration program.
“We will also review additional lithiumacquisition opportunities should they arise. We are very excited bythe opportunities that these projects will bring to the company andlook forward to exploring and providing updates toshareholders.”
ContactDetails
Proactive Investors
JonathanJackson
+61 413 713 744
Jonathan@proactiveinvestors.com
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