AM Resources Corp has significantly broadened its mining operations with the acquisition of a sizable 1,500 square kilometer land package in the Austrian Pegmatite Belt, establishing itself as a distinctive lithium exploration player in the area. This strategic expansion affords the company access to more than a hundred pegmatites within the Frederick Property, strategically positioning it in close proximity to 14 battery plants. The decision to invest in Austria is in line with the company’s objective to capitalize on established geology, market accessibility, historical expertise, and a favorable mining regulatory framework.
Source and Credit: tipranks.com
