Basin Mining Ltd is the holder of Mining Leases ML40532, ML40533, ML45117, ML45118, ML45452, ML45454, ML45457 and ML40533; Range Mining Ltd is the holder of Exploration Licence EL025241 and Comet Minerals Ltd is the holder of Mining Lease ML28297. Applications for four further MLs over the remaining Range EL are currently in process.

Basin and Range have agreed to participate and co-operate in the development of their mineral discoveries under the umbrella of “Project Jupiter”. While Comet will commence limited lithium mining operations on its ML, Comet remains focused on its nickel discovery and is not, at this point, an active participant in the Jupiter Project.