May 2016
Mining Lease ML100046 Granted over Pegmatite Field
SMA is pleased to announce that on the 26th May 2016 SMA Mining Pty Ltd (ACN: 124 890 731) a subsidiary company of Strategic Metals Australia Pty Ltd (ACN: 167 122 714) was granted a Mining Lease ML100046 over the main portion of the Buchanans Creek Pegmatite Field.
ML 100046 is located approximately 17 km west-north-west of Forsayth QLD. The lease was granted for a period of 20 years and covers a total area of 5.71 km².
This lease covers a suite of lithium/tantalum bearing pegmatites in the Buchanans Creek area that comprise drill targets for SMA.
Bradley Crighton
Director of Exploration
Strategic Metals Australia