ASX-listed Tawana Resources has finalised the farm-in agreement with Singapore-listed Alliance Mineral Assets over the Bald Hill lithium and tantalum project, in Western Australia.
The final farm-in agreement cemented the terms of the binding term sheet, and would see Tawana spend a minimum of A$7.5-million by the end of December this year, on exploration, evaluation and feasibility, and to spend A$12.5-million by the end of December 2019 to upgrade and convert the plant for processing ore derived from the project.
