Alderan Resources Limited (ASX: AL8) MD Scott Caithness speaks with Proactive following the news the company has entered into an agreement to purchase Parabolic Lithium Pty Ltd, which has the right to acquire a 100% interest in seven lithium exploration projects in the mineral resource rich state of Minas Gerais, Brazil. The projects are all located in and immediately to the south of the area known as Lithium Valley. Recent discoveries include Sigma Lithium Corporation’s Grota do Cirilo Project and Latin Resources Ltd (ASX:LRS, OTC:LRSRF)’s Salinas Project.
Alderan Resources acquires seven projects in Brazil’s Lithium Valley