Mining Projects Group (MPJ) has signed an agreement to acquire the Wodgina East Lithium/Tantalum project in Western Australia from a private prospector.
The Wodgina East project is 90km southeast of Port Hedland and lies in the heart of a significant emerging mining centre for lithium and tantalum.
MPJ managing director Josh Wellisch said the acquisition of the Wodgina East project represented another important step in the company’s strategy of securing growth opportunities in Western Australia’s lithium hot-spot in the East Pilbara.
“This region is rapidly emerging as a major new global mining centre for lithium spodumene concentrates, with several world-class deposits already identified and the potential for more discoveries to be made.
“Ongoing project evaluation, including compilation of all available geoscientific data sets, detailed mapping, sampling and mineralogical investigation is in progress and we are looking forward to the start of ground-based exploration activities.”
MPJ has commenced preparations for initial exploration activities.
Wodgina East is close to Global Advanced Metals’ Wodgina Tantalum mine and is about 17km southwest of the Pilgangoora Lithium/Tantalum projects being developed by Pilbara Minerals and Altura Mining.
The acquisition opens up an attractive second front for MPJ's lithium exploration activities in the East Pilbara and complements MPJ’s recently acquired Pilbara Gold/Lithium project. The project will enable the company to strengthen lithium exploration activities in the region.
The project has access to good infrastructure and is adjacent to the Wodgina mining centre. It is traversed by the Great Northern Highway which connects the project area with Port Hedland.