Prospect Resources Ltd. exercised its option to acquire a 70% interest in the Good Days lithium project in Zimbabwe, it said Feb. 28.
The company secured the option in June 2017, which was later extended until April 2018, to acquire a 70% stake in the project from private company Barrington Resources Pvt. Ltd.
Prospect intends to kick off a follow-up exploration program to define a JORC-compliant mineral resource and generate material for metallurgical testwork.
