
Evergreen Lithium (ASX: EG1) is set to expand its gold portfolio in Western Australia with the proposed acquisition of the highly-prospective Queens and Mt Monger projects.
The Queens tenement package comprises the Queens North, Queens Central and Queens South areas, with a total of eight prospecting licences and two exploration licences nearby to the company’s Leonora gold project, while Mt Monger comprises two prospecting and seven exploration licences south-east of Kalgoorlie.
Existing regional infrastructure including sealed roads, grid power and proximity to processing plants will support Evergreen’s exploration and development of both projects.