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Kidman weighs lithium potential at gold project

ASX-listed Kidman Resources has launched a technical review into the lithium potential at its Mt Holland project, in Western Australia, after receiving ‘strong’ interest for the possible sale of lithium and tantalum rights over the gold project.

Kidman in December last year entered into a nonbinding heads of agreement to acquire the Mt Holland project for A$3.5-million. The project has a combined measured, indicated and inferred mineral resource of 928 000 oz, and hosts the flagship Blue Vein deposit, which has a resource of 372 000 oz, at 2.30 g/t gold.