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QX Resources Reshapes Lithium Options and Advances Gold Targets Amid Tight Cash
6:32pm on Thursday 30th of January, 2025 AEDT
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QX Resources Reshapes Lithium Options and Advances Gold Targets Amid Tight Cash
6:32pm on Thursday 30th of January, 2025 AEDT
Key Points
Renegotiated lithium brine option agreements reduce cash payments from US$1.7m to US$500k
New option secured for 15% interest in two additional US lithium brine projects in Utah and Nevada
High-grade gold targets at Big Red Project in Queensland poised for drilling pending clearances
Iron ore and hard rock lithium projects in Western Australia show encouraging sampling results
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