Lithium miner, Tawana Resources (ASX:TAW) has announced its commenced a feasibility study at the Bald Hill Mine.
It comes after the miner’s engineering study found potentially highly profitable operations at the site.
Tawana Ressources says it’s study also highlighted low capital costs and rapid payback.
The company says the Bald Hill Mine encompasses two projects, Bald Hill Lithium and the Tantalum project, which are both about 60 kilometres from Kalgoorlie in Western Australia.
Tawana reported a net loss of $562 thousand at 30 June 2016.