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Lithium Plus Minerals (ASX:LPM) has landed a “significant discovery” at its Spotted Wonder project in the Northern Territory, uncovering high-grade beryllium mineralisation from reassessing historical drill core.

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“This is a mineral that has enormous applications in high-tech aerospace and defence,” Lithium Plus’ non-executive director, Simon Kidston, told HotCopper’s Jonathon Davidson in a Watchlist interview today.

It’s something the Western world is very focused on, and we’ve discovered significant amounts in our deposit,” Mr Kidston continued in the interview.

It’s a particularly big find because “beryllium is extremely valuable.”

So much, in fact, that one tonne of the alkaline earth metal is worth US$1 million.

Hear all the details on the major Lithium Plus Minerals find and what it means for the Australian explorer in HotCopper‘s Watchlist interview video above.

Join the discussion: See what HotCopper users are saying about Lithium Plus Minerals and be part of the conversations that move the markets.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

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