Ookami Ltd. (AU:FL1) has released an update.
First Lithium Ltd is advancing its Blakala Lithium Project in Mali with concurrent metallurgical test work and a maiden JORC resource estimate expected by June 2024. The company is comparing recovery rates with the recently sold $1.3 billion Leo Lithium project and is raising capital through a rights issue to fund its upcoming phase 2 drilling program. Amidst the excitement of its pending assays and metallurgical results, First Lithium is also focused on sustainable development and community impact in their lithium exploration efforts.
For further insights into AU:FL1 stock, check out TipRanks’ Stock Analysis page.