Latest Mandrake Resources (ASX:MAN) News

Mandrake Resources has signed a non-binding Letter of Intent to supply lithium chloride to US refinery Stardust Power, marking a strategic step in the US push for domestic critical minerals.

Mandrake Resources has identified two promising high-grade lithium brine zones within its Utah Lithium Project, enhancing the prospectivity of its 3.3Mt inferred resource. The discovery leverages advanced brine flow modelling and historical well data, setting the stage for cost-effective testing.

Mandrake Resources reports significant progress at its Utah Lithium Project, confirming a 3.3Mt lithium carbonate equivalent inferred resource and advancing brine flow modelling to pinpoint high-grade lithium zones.

Mandrake Resources reports significant lithium concentrations in clastic zones of the Paradox Formation at its Utah Lithium Project, highlighting strong potential for large-scale lithium brine extraction.

Mandrake Resources has completed detailed mapping of the Precambrian basement at its Utah Lithium Project, revealing structural features that could concentrate lithium-rich brines. This milestone advances a brine flow modelling study aimed at pinpointing high-grade lithium zones within a 3.3Mt inferred resource.

Mandrake Resources reports progress on its Utah Lithium Project, highlighting a 3.3Mt inferred lithium resource and new brine flow modelling to target high-grade zones. The company maintains a strong cash position while exploring strategic growth opportunities.

Mandrake Resources has announced a significant maiden Inferred Resource of 3.3 million tonnes of Lithium Carbonate Equivalent at its Utah Lithium Project, alongside securing a US$1 million grant from the US Department of Energy to support further exploration and development.