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JOHANNESBURG - Marula Mining PLC (AQSE:MARU, A2X: MAR) announced Wednesday it has signed Surface Use and Water Use Agreements with the Vioolsdrift Communal Property Association for its Northern Cape Lithium and Tungsten Project in South Africa.
The agreements enable the company to proceed with exploration activities at the 15,000-hectare NCLT Project, which is located adjacent to Marula’s existing Blesberg Mine. Exploration will focus on previously identified high-grade tungsten mineralization across several former mining operations.
Target (NYSE:TGT) minerals include tungsten, lithium, antimony, beryllium, copper, and other metals. The company has completed preliminary work including site visits to the Kaalbeen and Isis Tungsten Mines, along with nearby tungsten deposits and the Spodumene Kop lithium deposit.
Initial sampling has been conducted across key sites, with results pending. These will be combined with geophysical exploration, satellite analysis, and historical geological records to prioritize future exploration efforts.
The proximity to Blesberg provides operational advantages through shared services and centralized operations, potentially reducing overall costs during prospecting activities, according to the press release.
Marula Mining describes itself as an African-focused battery metals investment and exploration company with interests in mining operations and development projects across East, Central and Southern Africa.
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