Astro Resources NL (AU:ASE) has released an update.
Astro Resources NL has reached a settlement over the Red Mountain Project in Nevada, USA, acquiring competitor claims and securing full ownership, which paves the way for their maiden drilling campaign slated to start in late May 2024. The company has also partnered with the University of Alberta to explore innovative and eco-friendly lithium extraction methods from clay. Additionally, Astro Resources NL has expanded its potential for lithium discovery by staking new claims adjacent to the project area.
For further insights into AU:ASE stock, check out TipRanks’ Stock Analysis page.
