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Transformational New NT Lithium Project


Substantial 570km2 increase of NT Lithium portfolio


HIGHLIGHTS

  • Additional project area comprising five tenements to create Northern Territory combined “supergroup” project

  • Tenement farm-in agreement for Ragusa to earn initial 90% interest, with scope to increase to 100%

  • Strategic ~570km2 NT lithium landholding in highly prospective Litchfield Pegmatite Belt, and comparable land package to neighbouring Core Lithium and Lithium Plus

  • Four granted tenements allow for rapid advancement of exploration works

“The Company has secured extremely strategic and highly sought-after lithium prospective tenements in the centre of a well-renowned lithium district. This is a significant opportunity to combine Ragusa’s existing NT lithium projects to create a combined “supergroup” project area comparable to neighbours Core Lithium and Lithium Plus, and utilise our exploration and development experience to rapidly progress our NT Lithium Project in a Tier 1 jurisdiction close to major infrastructure.


With four currently granted tenements and considerable historic works to reference, Ragusa is in a strong position to rapidly accelerate the development of our project at a time of record lithium prices and within a proven high-quality lithium district."


Jerko Zuvela Ragusa Chairperson


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