Lithium Exploration Partnership: Harnessing Potential at Horse Rocks

Lord Resources Limited (ASX: LRD) has forged a significant partnership with Mineral Resources Limited (MinRes) for the Horse Rocks Lithium Project. The agreement entails MinRes investing AU$1 million for a 40% stake, subject to due diligence. This collaboration leverages Lord's prior exploration and MinRes's lithium expertise, aiming for non-dilutive financing and project advancement.

Horse Rocks, near Coolgardie, WA, presents promising LCT pegmatite swarms. MinRes can potentially increase its stake through further investment stages, indicating confidence in the project's prospects. Lord may choose a royalty or joint venture participation post Stage 3. During the initial phase, Lord manages exploration with MinRes's geological support. This strategic alliance underscores Lord's dedication to unlocking lithium potential and enhancing shareholder value.

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