AustChina Kickstarts Lithium Drilling Initiative

AustChina Holdings Limited (AU:AUH) has released an update.

AustChina Holdings Limited has commenced its maiden drilling program at the Chenene Lithium Project, with the initial phase consisting of eight drill holes across four high-priority targets, one of which has shown promising lithium assays. The effort is being supported by the expertise of The MSA Group and SGS South Africa, with the possibility of expanding the program following initial results. The company’s engagement in this project comes alongside their due diligence process for the acquisition of Cassius Mining (T) Limited.

For further insights into AU:AUH stock, check out TipRanks’ Stock Analysis page.

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