ALTAMIN Limited progress with the exploration licence (EL) applications over the Campagnano and Galeria prospects at Cesano, about 50km north of Rome in the Lazio province of central Italy (Regione Lazio), which are highly prospective for lithium in geothermal brines. The Regione Lazio (Lazio regional government) has published a determination that both of the EL applications are excluded from the requirement to undergo a VIA procedure (environmental impact assessment) for the scopes of work that Altamin has proposed. As a result, the Regione Lazio will now proceed with processing the applications.

Assuming the applications are successful Altamin will immediately commence its work program starting with a review of all available historical information and assessment of the borehole logging.