Brief: Tambourah Metals Enters Lithium Earn-In Agreement At Julimar Nth With SQM

Tambourah Metals

06/07/2023 02:07

July 6 (Reuters) - Tambourah Metals Ltd  TMB.AX :
    * ENTERS LITHIUM EARN-IN AGREEMENT AT JULIMAR NTH WITH SQM
    * TAMBOURAH AND SOCIEDAD QUIMICA Y MINERA DE CHILE S.A. 
ENTERED
INTO AN AGREEMENT
    * AGREEMENT PROVIDING SQM WITH AN EXPLORATION EARN-IN ACROSS
SIX
OF TAMBOURAH'S JULIMAR NTH PROJECTS IN WESTERN AUSTRALIA
    * SQM HAS BEEN GRANTED RIGHT TO EARN AN INITIAL 50% INTEREST
IN
ALL MINERAL RIGHTS AT JULIMAR NTH PROJECT
    * MINERAL RIGHTS AT JULIMAR NTH PROJECT BY SOLE FUNDING A
MINIMUM
OF A$1.5M AND UP TO A$3M OF EXPLORATION AND DEVELOPMENT
ACTIVITIES
    * SQM ENTITLED TO SOLE FUND A$3 MILLION OF EXPLORATION
ACTIVITIES
OVER 3 YEARS TO EARN 70% INTEREST IN MINERAL RIGHTS AT JULIMAR
NTH

Source text for Eikon:  ID:nASX3JZst6 
Further company coverage:  TMB.AX 

 ((Reuters.Briefs@thomsonreuters.com;))