Dominion Minerals: Extends Georgia Lime option period

Dominion Minerals Extends Georgia Lime option period

• Dominion Minerals (DLM) has secured an extension to the option period for the purchase of the Georgia Lime Project in the United States
• The option period has been extended from January 26 to November 30 2022, giving DLM a further 10 months to undertake technical, economic and commercial evaluation
• Following this, the company will make a decision whether to purchase the surface and mineral rights for US$1.5 million (A$2.07 million)
• Results from recent diamond and rotary sonic drilling are being incorporated into a maiden mineral resource which is expected to be released early next year
• The company is up 4.55 per cent with shares trading at 6.9 cents