AustChina Holdings Limited (AU:AUH) has released an update.
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AustChina Holdings Limited has commenced drilling at the Chenene Lithium Project in Tanzania, aiming at multiple high-priority lithium prospects. The initial phase includes eight diamond core drilling holes, with the first hole already intersecting pegmatite just six meters from the surface. Results from the drilling are anticipated following laboratory analysis by SGS South Africa, as the company also explores a potential acquisition of four licenses from Cassius Mining.
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