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Baconora expands Saxony lithium presence

Bacanora Minerals’ (LN:BCN) 50%-owned subsidiary Deutsche Lithium has been granted an exploration licence for 295ha of land in southern Saxony, Germany, boosting the prospects for the Zinnwald lithium project Deutsche is already working on.

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The entrance to the historic Zinnwald mine is tucked inside a museum

The licence, granted for five years, is located on the grounds of the previously mined Falkenhain lithium deposit, which is within 5km of Zinnwald.