Further encouraging lithium rock chip results from Brazil JV
Filed with ASX · · 15 pages · English
❖ Gold Mountain has committed to the earn in stage of the JV whereby GMN can earn an additional 55% interest in the projects through an expenditure commitment of $2.75m over a two-year period ❖ Additional rock chip results from the October 2022 reconnaissance due diligence program further confirms the prospectivity of the Juremal, Custodia and Porta D’Agua projects to host LCT bearing pegmatites T
Earlier from Gold Mountain
- Gold Mountain raised A$2m through a well supported placement
- Proposed Acquisition of a 75% interest in Salinas II Project
- Gold Mountain Exercises Option over 20% of Brazil Lithium JV
- Potential Lithium Bearing Pegmatites Uncovered in Brazil
- $1.56m raised through heavily supported placement
Later from Gold Mountain
- Sampling at Custodia confirms LCT Pegmatite Prospectivity
- Gold Mountain restructures Brazilian Lithium JV Portfolio
- Prospectus - Options Entitlements Issue
- Prospectus - Placement Options
- Management restructure
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