Arizona Lithium (ASX: $AZL) receives approval for Big Sandy Lithium Project

Arizona Lithium Limited (ASX: $AZL) has received approval from the US Bureau of Land Management (BLM) for exploration drilling at the Big Sandy Lithium Project in Arizona, USA. The drilling, expected to commence in late-July 2024, will be managed by the Navajo Transitional Energy Company (NTEC) under the Mining Services Agreement entered into with AZL in March 2024.

Executive Commentary

We are very pleased to obtain drilling approval from the BLM for the Big Sandy project. Plans are well advanced to commence drilling later in July and the taking of a bulk sample of Big Sandy ore for processing at the Lithium Research Centre in Tempe, Arizona. This is a very exciting step for the Company and would like to thank all the AZL team for their professional determination demonstrated throughout the process and the thorough and respectful engagement of all stakeholders. We look forward to creating additional shareholder value from successful exploration and the increase in the existing lithium resource at the project.

Summary

Arizona Lithium Limited (ASX: $AZL) has received approval for the Exploration Plan at the Big Sandy Lithium Project and has been informed that no appeals have been received on the Permit of Exploration (POE) approved by the BLM. The drilling program, managed by NTEC under the Mining Services Agreement, is set to commence in late-July 2024. The Company is looking forward to creating additional shareholder value from successful exploration and the increase in the existing lithium resource at the project.