Here is a touch of what the newly acquired tenements at BALD HILL may hold.
Tawana an asx listed company TAW.ASX is setting up a mine at Bald Hill which has a maiden Indicated and Inferred Mineral Resource estimate of 12.8Mt at 1.18% Li2O and 158ppm Ta2O5 at a 0.5% Li2O cut-off (high grade)
The area is rich with lithium minerals in addition to high titanium grade.
On the top of that, TAWANA has established processing plant which Monax may be able to utilise if both forms joint ventures, once Monax establishes resources.
Once the BOD comes from the survey in the next few days we will know how quick things may unfold.