Commodities required to advance EVs and renewable energy could be sourced by Leeuwin Metals.
The mineral explorer company Leeuwin Metals has a portfolio of five projects across Canada and Australia. With funds from a recent IPO on the ASX, the team plans to evaluate the potential of their assets for further development.
Leeuwin’s first priority is the William Lake Nickel Project in Canada’s Manitoba Province. It’s a 45 minutes drive north of the town of Grand Rapids and there’s a hydropower line intersecting the property. Multinational commodity trading firm Glencore is providing technical expertise and has taken a 9.97% stake in Leeuwin.
They have an application in place to acquire the Jenpeg Lithium Project. It’s also located in Manitoba, in an area that’s been identified as having high potential for the mineral. As the first step Leeuwin intends to test the rock samples from an older drilling campaign for lithium.
The business has three other earlier stage land holdings with potential lithium deposits. There’s the Ignace Project in Ontario, Canada and two in Western Australia. The Marble Bar Project is located 30 km east of the town of the same name. Traces of rare earths have also been found at the Gascoyne Project. Leeuwin Metals is now available to trade on Stake under the ticker $LM1.
Subscribe
By subscribing, you agree to our Privacy Policy.