The company will acquire up to a 90% stake in the Dudley Lithium Project and claims in the East Yellowknife Lithium Project.
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The drilling aims to further explore the shallow, high-grade gold-antimony orebody below the West Pit.
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New government funding and international collaborations are building up Australia’s critical minerals supply chain, including its processing capabilities.
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The Dubbo Project will produce critical minerals including zirconium, niobium and hafnium as well as rare earth elements (REEs).
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The move is expected to create a leading Canadian uranium exploration company with a diverse portfolio.
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The project is currently owned by Independence Mining, a joint venture (JV) between Battle Mountain Resources and Americas Gold Exploration.
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