Mining Projects Group to Acquire Wodgina East Lithium-Tantalum Project, Australia
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Mining Projects Group has reached an agreement to acquire the Wodgina East Lithium-Tantalum Project.
The acquisition of the Wodgina East Project marked another important step in the company’s strategy of securing high-quality growth opportunities in WA’s ‘lithium hot-spot’ in the East Pilbara.
“This region is rapidly emerging as a major new global mining center for lithiumspodumene concentrates, with several world-class deposits already identified and the potential for more discoveries to be made,” said Josh Wellisch, managing director of Mining Projects Group.
“Following our recent acquisition of the Pilbara Lithium-Gold Project, located immediately adjacent to the Pilbara Minerals-Pilgangoora Project, this gives us a commanding strategic position in one of the world’s most attractive regions for the exploration of lithium minerals,” added Wellisch.
“Ongoing project evaluation, including compilation of all available geoscientific data sets, detailed mapping, sampling and mineralogical investigations is already in progress and we are looking forward to the start of ground-based exploration activities,” concluded Wellisch.
Located 90km south-east of Port Hedland, the Wodgina East Project lies in the heart of one of the world’s most significant emerging mining centres for lithium and tantalum, in close proximity to several existing and emerging strategic metals operations.
It is strategically situated immediately adjacent to Global Advanced Metals’ Wodgina Tantalum Mine, one of the world’s largest hard rock tantalum resources, and is located ~17km to the south-west of the world-class Pilgangoora Lithium-Tantalum Projects being developed by Pilbara Minerals and Altura Mining.
The new project, which is being acquired from a private prospector, compliments Mining Project’s recently acquired Pilbara Gold-Lithium Project, which abuts Pilbara Mineral’s Pilgangoora Project and contains a number of high priority lithium-pegmatite targets defined by recent radiometric surveys.
The Wodgina East acquisition opens up an attractive second front for the company’s lithium exploration activities in the East Pilbara region, with preparations for initial exploration activities at the new project already underway.
To read more details in the company’s press release, CLICK HERE
About Mining Projects Group
Mining Projects Group Ltd is an Australian Nickel, precious and base metals exploration company focused on delivering high grade, high value discoveries. MPJ has 3 core projects that are all 100 percent owned and located in Western Australia’s premier Nickel districts including Kambalda, Fraser Range and Dingo Range.
To stop by Mining Projects Group’s website, CLICK HERE
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