The executives behind Brazilian lithium play Latin Resources have rattled the tin to fund exploration across Core Energy Minerals' new uranium prospects.
Gold Mountain has revealed encouraging anomalous lithium results from a stream sediment sampling program carried out at its Campo Formoso project in Brazil. The company says six strongly and nine moderately anomalous samples were returned from an area overlying a granite body considered to be of similar age and setting to the prospective Jaguar pegmatite to the north.
Having recently pivoted into an emerging lithium hotspot in Brazil, Gold Mountain is promptly exploring its significant package of tenements as it eyes its first drilling program by the year's end. The company's exploration to date has identified 250 pegmatites, with multiple soil and rock-chip sample results pending. Gold Mountain is just starting its lithium climb.
