Boadicea Resources Ltd (ASX:BOA)'s Jon Reynolds discusses the proposed acquisition of a lithium tenement to be named Bald Hill East, adjacent to a lithium mine and processing plant in Western Australia. The company is paying A$300,000 plus a 1.5% net smelter return (NSR) royalty for exploration licence E15/1608. He says Bald Hill East is highly prospective for pegmatite-hosted lithium and tantalum mineralisation.
Boadicea Resources says new lithium acquisition ticks all the boxes