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Capital Mining granted 7 lithium exploration licenses in Western Australia

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Capital Mining granted 7 lithium exploration licenses in Western Australia

Capital Mining Ltd. said April 6 that it has been granted seven exploration licenses for its lithium assets in Western Australia.

The company said it received licenses for the Wheelock, Mongolia, Pinthagong, Yinnietharra, Yalgoo North, Yalgoo South, and Ravensthorpe lithium tenements, which it acquired in August 2016.

Capital Mining said it assessed the results of the reconnaissance field program on the tenements and will formalize a more detailed follow-up field program to further define and refine priority target areas across the tenements.

The company also said it expanded the Wail project in the Gascoyne mineral field to 706.7 square kilometers through the application of exploration license E09/2220, which it says is prospective for antimony and hosts a significant antimony-lead anomaly.