Andromeda Metals today announced a Farm-In agreement with Peninsula Exploration over a large tenement package on the western Eyre Peninsula that is considered to contain rare halloysite and kaolin targets of exceptional purity.
The agreement will add four tenements, of around 2,800km2, to the Company’s portfolio. This will more than double Andromeda’s holding of tenements that are prospective for world class halloysite-kaolin and kaolin deposits.