Lithium Australia NL (ASX:LIT) has expanded its Australia-wide lithium search by lodging applications for ground prospective for lithium on Kangaroo Island in South Australia.
The application adds to the company’s strong domestic lithium holdings throughout Western Australia, Northern Territory and Queensland.
Continued national research identified the prospective 27 square kilometre application located 100 kilometres southwest of Adelaide.
A small mining claim which covers the abandoned Dudley Mine area, a collection of shallow pits and shafts in the pegmatite, lies within the application.
Previous exploration has focused on kaolin and gem quality tourmaline with no exploration for lithium being recorded.
Adrian Griffith, managing director, commented:
"The South Australia campaign adds to Lithium Australia’s strong and expanding project suite and technological alliances over 2017 with private and government stakeholders alike as well as its 100% ownership of the versatile Sileach™ processing technology and access to a number of other leading technologies."
Lithium Australia is trading up 30% over the past month, currently priced at $0.195.