Riversgold: Shares rocket following key WA lithium tenement grant

Riversgold Shares rocket following key WA lithium tenement grant

• Riversgold (RGL) is granted the key lithium tenement that forms its Tambourah lithium project in WA’s Pilbara region for five years
• The company says the 95.4-sqkm tenement paves the way for more substantive exploration work in the region
• The company CEO Julian Ford says it’s an important milestone for the company and the advancement of its new lithium discovery objectives
• Following the tenement grant, the company is now looking to complete its acquisition of EV Minerals, with shareholder approval to be sought for the deal this month
• RGL shares are up 29.27 per cent and trading at 5.3 cents each at 12:49 pm AEST