Option Granted to Castillo Copper to acquire Litchfield and Picasso Lithium Projects
SYDNEY, AUSTRALIA: Cadence Minerals announced that Castillo Copper has entered into a 90-day option agreement with Lithium Technologies (LT) and Lithium Supplies (LS), in which Cadence owns a 29% shareholding, to acquire – subject to due diligence – the Litchfield and Picasso Lithium Projects in the Northern Territory (NT) and Western Australia (WA) respectively. Highlights: · ASX and London listed Castillo has a 90-day option to acquire – subject to due diligence – the Litchfield and Picasso Lithium Projects. · Consideration for 100% of the holding companies which hold these assets (plus others) is up…