CuFe Ltd (ASX:CUF) executive director Mark Hancock tells Proactive the company has acquired two exploration licences in Western Australia considered prospective for future-facing critical minerals. The first is in the West Arunta region while the second is in the Tambourah region of the Pilbara and is in close proximity to Trek Metals Ltd, which has recently commenced a drilling campaign targeting spodumene.
We are pleased to secure these exciting exploration opportunities for CuFe, Hancock said.
The West Arunta region is attracting a lot of attention recently with exciting results from the likes of WA1.
The Tambourah project complements our recently acquired lithium tenements near Coolgardie and increases our likelihood of exploration success in this space.
We now have exposure to two of the largest lithium provinces in Australia.
These early-stage projects give us the opportunity to chase game-changing discoveries for future-facing commodities while continuing to progress our more mature projects at Yarram (iron ore) and Tennant Creek (copper) towards production.
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View source version on newsdirect.com: https://newsdirect.com/news/cufe-ltd-acquires-new-licences-prospective-for-critical-minerals-843343246
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