Mining Projects Group (MPJ) has signed an agreement to acquire the Wodgina East Lithium-Tantalum project in Western Australia from a private prospector.
The Wodgina East project is located 90km south-east of Port Hedland and lies in the heart of a significant emerging mining centre for lithium and tantalum.
MPJ managing director Josh Wellisch said the acquisition of the Wodgina East project represents another important step in the company's strategy of securing growth opportunities in Western Australia's lithium hot-spot in the East Pilbara.
"This region is rapidly emerging as a major new global mining centre for lithium spodumene concentrates, with several world-class deposits already identified and the potential for more discoveries to be made."
"Ongoing project evaluation, including compilation of all available geoscientific data sets, detailed mapping, sampling and mineralogical investigations is already in progress and we are looking forward to the start of ground-based exploration activities."
Wodgina East is also situated close to Global Advanced Metals' Wodgina Tantalum mine, and located 17km to the south-west of the Pilgangoora Lithium-Tantalum projects being developed by Pilbara Minerals and Altura Mining.
The new project complements MPJ's recently acquired Pilbara Gold-Lithium project, and its acquisition will enable the company to strengthen lithium exploration activities in the East Pilbara region.
MPJ has also commenced preparations for initial exploration activities at the new project.
The project has access to good infrastructure and is situated adjacent to the Wodgina mining centre.
Image: The Wodgina East project. Photo: courtesy of Mining Projects Group.