Piedmont Expands Land Position
PIEDMONT LITHIUM LTD AMERICAN DEPOSITARY RECEI (PLLL)
Company Research
Source: GlobeNewswire
Piedmont increases land position at its Piedmont Lithium Project by 15% to 1,383 acresCore Property expanded by 93 acres or 18% to a total of 622 acresContiguous land acquisitions are along strike from current Mineral ResourceDrill targets being finalized and will be incorporated in upcoming Phase 4 Drill ProgramAll deals structured as options or deferred purchases to minimize upfront cash outlay NEW YORK, Dec. 05, 2018 (GLOBE NEWSWIRE) -- Piedmont Lithium Limited (“Piedmont” or “Company”) is pleased to advise that the Company has increased its exploration land position to 1,383 acres. The land acquisitions include properties within the Carolina Tin Spodumene Belt (122 acres), and preferred locations for our concentrator and mine infrastructure (49 acres). Importantly, these acquisitions include 93 acres which are contiguous to the Core Property land package increasing it to a total of 622 acres. The Company also controls a 60-acre parcel in Kings Mountain, North Carolina for the
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