OzAurum Resources Ltd (ASX:OZM) CEO Andrew Pumphrey speaks with Proactive after announcing the company has wrapped up due diligence for the acquisition of the Linopolis Jaime hard rock lithium project in Minas Gerais, Brazil, and is on track to take possession. The project sits in an area rich with more than 20 lithium–caesium–tantalum (LCT) bearing pegmatites. This area has confirmed spodumene grades of up to 7.36% lithium dioxide (LiO2) with an average spodumene grade of 6.94% LiO2. These spodumene crystals are unique in their coarse texture, a rarity in lithium deposits.
OzAurum says potential of new lithium project ‘too good to be true’
