London-traded Bacanora Lithium has been granted an additional exploration licence in the Erzgebirge region of Saxony, which has the potential to significantly increase the life of mine at its Zinnwald project.
Bacanora’s 50%-owned subsidiary, Deutsche Lithium, has been granted an additional 42 km² licence, which forms part of the same geological unit that hosts the historic lithium/tin/tungsten deposits at Zinnwald and Falkenhain.