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Astro Resources secures full ownership of Red Mountain

AstroSources NL (AU:ASE) has released an update.

Astro Resources NL has reached a settlement on the Red Mountain Project in Nevada, US, assuming claims from competitors and securing full ownership, paving the way for their first drilling campaign to commence in late May 2024. The company has also partnered with the University of Alberta to research innovative and environmentally friendly lithium extraction methods from clay. In addition, Astro Resources NL has expanded its potential for lithium discovery by deploying new claims adjacent to the project area.

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