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Amani Gold Secures Major Lithium Project
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Amani Gold Secures Major Lithium Project

Amani Gold Limited (AU:ANL) has released an update.

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Amani Gold Limited is set to acquire Authium Limited, gaining full ownership of the Clayton Ridge Lithium Project in Nevada, which boasts a substantial 2.5Mt Lithium Carbonate Equivalent mineral resource. The acquisition coincides with Amani’s planned re-listing on the ASX, along with a name change to ‘Authium Minerals Limited’, and an anticipated $5 million public offer to fund project development. This strategic move positions Amani to capitalize on the adjacent Silver Peak Mine, North America’s only producing lithium mine, and the booming lithium market.

For further insights into AU:ANL stock, check out TipRanks’ Stock Analysis page.

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