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Lithium Australia divests Emu Lake gold-nickel prospect to Metal Hawk

Lithium Australia NL (ASX:LIT) managing director Adrian Griffin speaks to Proactive about progress with its collaborative exploration management strategy.

This includes divestment of the Emu Lake gold-nickel prospective tenement north of Kalgoorlie to Metal Hawk Ltd.

Griffin says Metal Hawk discovered a gold anomaly on the tenement which runs up to Lithium Australia’s lease boundary.

“Our focus remains on lithium in the area but we are selling the tenement – not the lithium rights and will get to benefit from their exploration,” he said.

Quick facts: Lithium Australia NL

Price: 0.051 AUD

ASX:LIT
Market: ASX
Market Cap: $40.41 m
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