Vancouver, British Columbia – June 17, 2022 (Newsfile Corp.) (Investorideas.com Newswire) Lions Bay Capital Inc. (TSXV: LBI) (“Lions Bay”) or the “Firm”), proclaims the receipt of the section 2 drilling report from SRK Consulting (Australasia) Pty Ltd. (“SRK”) on the uncommon earth discovery being evaluated by the Savic Minerals Pty Ltd (“Savic”) three way partnership. Lions Bay has the proper to earn as much as 50 per cent curiosity on the Savic floor by spending AUD $5 million (CAD $4.47 million) over 3 years from January 2022. The Savic floor lies instantly adjoining to the Koppamurra Challenge of Australian Uncommon Earths.
Assays from the latest section 2 exploration on the Savic floor are anticipated within the subsequent six weeks which is able to allow the geological staff to find out a grid for useful resource definition drilling later this 12 months.
The total SRK report might be discovered at:
About Lions Bay Capital Inc.
Lions Bay Capital Inc. is a TSX-V listed Funding Issuer that’s centered on excessive return funding alternatives, principally within the mining, clear vitality and clear know-how sectors, the place it offers private and non-private firms with strategic and monetary assist.
On behalf of the Board of Lions Bay.
Tel: +61 3 9236 2800
E mail: [email protected]
For extra info, please go to the company web site at www.lionsbaycapital.com or contact the above.
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