Eastern Resources (ASX:EFE) Ltd’s Eddie King talks business case and imminent drill targeting with Proactive's Joel Flynn. The company is aspiring to be a lithium producer within five years, confident its expert team can action the swift timeline based on past success. Eastern Resources has also signed multiple memorandums of understanding to develop projects with more senior companies, including Ya Hua International Investment and Development Co Ltd for spodumene and Yongxing Special Materials Technology Co Ltd for lepidolite, two types of hard rock lithium found in pegmatites. The company is now processing samples from fieldwork undertaken at the Trigg Hill Lithium Project, targeting outcropping pegmatites prospective for lithium. Results are expected in June, with permits progressing well for drilling to begin in June or July.
Eastern Resources aims for lithium production within five years, supported by industry veterans
