Twenty Seven Co. Ltd. said Nov. 13 that its subsidiary TSC Exploration Pty Ltd. secured exploration licenses EL31788 and EL31787, dubbed the Pear Tree and Calvert cobalt projects.
The tenement grant resulted in the expansion of its landholding in the McArthur Basin area in Australia's Northern Territory to 2,456 square kilometers, which includes the Pungalina tenement, granted in August.
Land access negotiations are ongoing as part of the company's preparation to conduct field work, along with a review of previous exploration over the tenements to prioritize targets for initial follow-up.
