Capital MiningLtd. said July 21 that it has decided to withdraw from itsacquisition of ShawRiver Lithium Pty. Ltd., which holds 13 prospecting license applications in WesternAustralia's Pilbara region, following due diligence.

Meanwhile, due diligence on the Wolfhound Lithium Ltd.acquisition continues.

Capital Mining added that it is actively reviewingadditional opportunities for the acquisition of exploration projects.