Australian Goldfields, which currently has three promising lithium tenements in Western Australia’s Pilbara region, said it will be changing its name to Oz Lithium to better reflect its business redirection with a lithium focus.
An effective date has not yet been released for the change, nor has the company’s new stock ticker symbol.
Among the more recent Pilbara lithium activity: Mineral Resources’ Wodgina lithium mine began production of one of the world's largest, hard rock lithium operations in 2017; Pilbara Minerals’ Pilgangoora lithium operation and Global Lithium Resources’ Marble Bar lithium deposit; and, in December 2021, Chilean lithium producer SQM (Sociedad Quimica y Minera de Chile) announced a joint venture with Kalamazoo Resources on KZR's Dom's Hill lithium project.
In addition, the Australian Goldfields' Cuprite West and Cuprite East projects are strategically located on either side of the Dom's Hill property.
The company’s Pilbara land package prospective involves the Nortia project, which is comprised of 19 blocks totaling 5,510 hectares located 30 kilometres east of the historic mining town of Nullagine; and the Cuprite East (6,936 hectares) and Cuprite West (2,980 hectares) projects which surround the Kalamazoo/SQM joint venture.
Source: Australian Goldfields