The licence covering the Mt Deans Project (P63/2063) was granted in September quarter 2019. The lease was subject to an earn-in JV with Lithium Australia NL which expired in mid 2020, resulting in the Project reverting to Aruma 100%. Aruma holds a positive view of the lithium, tantalum and REE potential of the Project area with previous work having identified swarm pegmatites over 1km in length.
The Mt Deans Project covers an area of 1.44km2 in the Mt Deans pegmatite field, which is part of the Eastern Goldfields Terrane of the Yilgarn Craton. The Project is located approximately 190km north of the Esperance port, 170km south of Kalgoorlie and approximately 10km south of the mining town of Norseman (below).