Business News

    Nelson Resources (ASX:NES) seeks exploration license in Lake Johnston

    Article Image

    Nelson Resources has applied for an exploration license covering circa 213 km2 within the Lake Johnston region in Australia.

    The license, which needs to be granted, will cover the southern extension of Lake Johnston, where lithium deposits have been found by Charger Metals (ASX:CHR) and TG Metals (ASX:TG6).

    Before the license grant, Nelson Resources will undertake a desktop review to support its initial field program. It will continue to explore new project opportunities in Australia and overseas to enhance current projects and add value to shareholders.

    The area of exploration is near granites, gneisses, and migmatite and hosts greenstone belts.

    Disclaimer

    Grafa is not a financial advisor. You should seek independent, legal, financial, taxation or other advice that relates to your unique circumstances. Grafa is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on the information provided directly or indirectly by use of this platform.

    Publisher
    Grafa