Pinnacle Minerals Limited (AU:PIM) has released an update.
Pinnacle Minerals Limited has made substantial progress in its exploration activities, including promising rubidium enrichment at its Adina East and Lac Rug Lithium Projects, which indicates potential lithium deposits. The company has also secured an exclusive option on the Manna West Lithium Project near a significant lithium resource, with assay results pending that may confirm the site’s potential. Additionally, Pinnacle has identified uranium targets at its Wirrulla Project, with drilling planned, and maintains a healthy cash balance of AU $1.864m.
For further insights into AU:PIM stock, check out TipRanks’ Stock Analysis page.