Capital holds gold, base metal and lithium exploration projects, with two project areas in NSW, a larger spread of lithium projects one nickel sulphide project in Western Australia and a lithium project in the Republic of Ireland.
During the quarter the Lithium projects were reviewed as part of a rationalisation of tenement holdings. This is to enable the Company to allocate resources to projects that have shown better results and geological potential for its stated aims of the discovery of lithium, caesium and tantalum type pegmatite systems. As a result, 6 Western Australian exploration licences were relinquished as others continue to be further evaluated and rated.
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About Capital Mining Limited
Capital Mining Limited (ASX:CMY) is an active ASX listed junior mineral resources company focused on the acquisition and exploration of key, demand driven commodities. Its project portfolio includes lithium prospective assets in Western Australia and the Republic of Ireland, plus gold and base metals projects in New South Wales.
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