In March 2017, Pilbara Minerals acquired a 51% interest in one of the most significant lithium-tantalite exploration assets in Western Australia with the right to earn up to 80% in stages by funding $1M worth of exploration and completing a definitive feasibility study until decision to mine.
Mt Francisco hosts the last remaining large occurrence of outcropping pegmatites in close proximity to Port Hedland, and is considered to represent one of the highest quality lithium exploration/development assets in the Pilbara region outside of Pilbara Minerals' world-class Pilgangoora Project.
Exploration programs are set to commence in 2017 following receipt of regulatory approvals.
Click here to view the ASX Announcement on 29 March 2017
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