Lightning Minerals Ltd. (AU:L1M) has released an update.
Lightning Minerals Ltd. has commenced field exploration at the Caraíbas and Sidrônio lithium projects in Brazil’s Lithium Valley, following a positive initial site visit. The company has engaged a local team with significant exploration experience and plans to conduct geological mapping, surface sampling, and geophysical targeting, supported by a solid cash position of A$3.12 million. These exploratory steps are intended to identify drilling targets within the lithium-rich Salinas Formation, capitalizing on previous findings of lithium and other elements in pegmatite samples.
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