The first phase of drilling follows the corridor lighting up as prospective during the 2022 geophysical survey, which at least one analyst notes could add significant resource growth potential.
It seemed graphite — the anode material used in EV batteries — was set to follow in lithium’s wake having been ignored by investors throughout last year’s lithium-buying mania.
Prior to this, bullion has been consolidating around the $1,950 level as investors wait for a clearer outlook on the Federal Reserve’s monetary policy path.