Estrella Resources acquires Mt Edwards Lithium

Estrella Resources has completed the acquisition of Mt Edwards Lithium after a shareholders meeting on December 28 2016.

Mt Edwards Lithium holds 75 per cent of the lithium rights to a group of tenements referred to as the Mt Edwards Lithium project (MELP) in Western Australia. The project includes 17 tenements covering more than 129km2 on the Widgiemooltha Dome.

Apollo Phoenix Resources holds the remaining 25 per cent.

The MELP is located in the middle of a key lithium province, which includes other sites such as the Mt Marion lithium project and Pioneer Resources’ Pioneer Dome lithium project.

On the back of the acquisition, Estrella has appointed Christopher Daws as chief executive officer and John Kingswood as director of the company as of this year.