Located in the Kwara and Oyo states of Nigeria, the Kwara-Oyo Lithium Project is an early-stage exploration project with excellent potential. The project encompasses four of the Company’s exploration licenses and two small-scale mining leases, covering a total surface area of approximately 26,500 acres.

In January 2023, Aurifer completed a report which concluded that the Kwara-Oyo project holds significant promise for lithium exploration. Building upon these findings, we have designed a three-year systematic phased exploration program aimed at defining one or more JORC compliant resources and preparing a Preliminary Economic Assessment. Ultimately, our objective is to advance the defined resources to production.