IND Secures 80% Stake in Pippingarra Lithium Project

Industrial Minerals Ltd (ASX: IND) has secured an exclusive option to acquire an 80% interest in the non-construction mineral rights, including lithium and High Purity Quartz (HPQ), at the Pippingarra Quarry Project in Western Australia's Pilbara region. The project, situated in a prime lithium province, boasts over 2km of underexplored pegmatite, with a significant lithium find in one historical drill hole.

IND plans to conduct an exploration program to assess the pegmatite's lithium potential. The project's granted mining license and strategic location near infrastructure offer an opportunity for rapid development. This venture aligns with IND's expansion in the Pilbara region, providing potential for meaningful lithium discoveries.

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