Lithium Plus Minerals (ASX:LPM) Retracts Pricing Statements and Announces Beryllium Discoveries
Retraction of Pricing Statements
Lithium Plus Minerals Limited (ASX:LPM) has retracted the pricing statements previously released in Section 2 titled “PRICING” concerning in-situ valuations at the Arunta Lithium Projects. The company stated there is no reasonable basis for these pricing statements and advises investors not to rely on the retracted information for investment decisions. This retraction has been authorised by the Board of Lithium Plus.
Beryllium Mineral Discoveries at Arunta Projects
Lithium Plus Minerals is pleased to announce the identification of high-grade beryllium mineralisation at the Spotted Wonder Project within its 100%-owned Arunta Lithium Projects in the Northern Territory, Australia. The reassessment of drill core has revealed significant shallow intersections of beryllium, enhancing the project’s polymetallic potential.
Executive Chairman, Dr Bin Guo, commented, “The identification of high-grade beryllium mineralisation within the Delmore pegmatite marks a significant discovery for Lithium Plus. This not only confirms the polymetallic potential of the Spotted Wonder Project but also enhances the strategic importance of our Northern Arunta tenure in hosting critical minerals beyond lithium. With beryllium now recognised globally as a high-value critical commodity, these results significantly add to our exploration optionality. The shallow nature of the mineralisation and its strong association with lithium mineralisation present multiple future development pathways. We look forward to our planned exploration activities in the upcoming field season to begin to unlock the full potential of this emerging district.”
Motley Fool contributor Kiarra Jackson has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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