Midas Minerals acquired the Greenbush and Barbara Lake Lithium projects in Ontario, Canada, paying CAD$65,000 ($74,229) in cash and granting a 1% net smelter return royalty to the private vendor.

The move aligns with Midas' commitment to expanding its lithium project portfolio, supported by initial sampling results showing significant lithium oxide percentages at both sites.

Midas plans for low-cost mapping and sampling initiatives for the upcoming field season to refine drilling targets by late 2024.