Astute Metals NL reveals promising lithium results

Astute Metals NL (ASX:ASE) has announced promising initial metallurgical results from its Red Mountain Lithium Project in Nevada. The tests indicate strong lithium leachability, achieving up to 98% under various conditions. This enhances the project's potential and sets the stage for future developments.

Strategic outlook for Red Mountain Project

Astute Metals NL's Red Mountain Lithium Project in Nevada has shown positive metallurgical results, with high lithium leachability observed in initial tests. The results, conducted by Kappes, Cassiday & Associates, indicate leachability of up to 98% under varying conditions. Looking forward, the company aims to optimize leach conditions and assess beneficiation potential to enhance lithium grades and reduce acid consumption. The project holds significant potential, benefiting from its location and similar geological characteristics to other major lithium deposits in Nevada. Astute Metals owns the project outright and anticipates further assay results from recent diamond drilling, which will guide future exploration and development strategies. The company remains committed to advancing the project, focusing on areas with higher clay content to potentially increase lithium grades.

Executive insights on metallurgical findings

This is a significant step towards liberating lithium from the clay-hosted deposits at Red Mountain,' stated the company's Chairman, Tony Leibowitz. He expressed optimism about these findings and the project's future prospects.