Ookami Ltd. (AU:FL1) has released an update.
First Lithium Limited has reported significant developments in its June 2024 quarter, including the discovery of high-grade lithium deposits at Blakala, the progression of metallurgical testwork, and the appointment of Pivot Mining Consultants. The company has successfully completed a rights issue to fund further exploration and is anticipating the release of its Maiden Mineral Resource Estimate. With a robust cash balance of $2.22 million, First Lithium is poised for growth as it continues to define the scale of its lithium project.
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