Recent News I’m patiently waiting for RHC.v RHCCF to receive back the mineral rights to continue expanding and testing the 3D coverage area at Climax-2.
They sampled up to 81.3 Mg/L lithium brine at the property and now believe that the lithium brine zone is an extension of the same pool found in Climax-1 and appears to extend well beyond the current 3D coverage area.
As well, RHC announced last week they executed a term sheet with an arm's length lender to provide a $20M three-year credit facility. Upon closing an initial draw on the facility $10M will be advanced to RHC.
https://royalheliumltd.com/news/2022