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Solar salt expert brings veracity and confirmation to Sol Mar project

30 November 2021
ASX: FIN
Jack Baker

FIN will have Mr Talbot assist with advancing and unlocking the significant value of the Sol Mar Project following the recent confirmation of the project’s multi gigawatt potential of the site, comprising 386 square kilometres of granted tenements and 519km2 of tenement applications near port facilities.

A scoping study revealed established processes and technologies for producing high-quality industrial salts nestled in a prime location for cost-effective use of renewables and readily available port facilities.

The addition of further scientific capabilities is an easy decision for the tremendous potential of the project, which could potentially run indefinitely on wind and solar alone.

The renewable-focused explorer said the appointment was a clear indication of the project’s viability.

“Our primary focus is to build a team with the skills and experience to progress key planning, permitting and study activities and enter into partnerships to deliver the Sol Mar Project,” executive director Ryan de Franck said.

“His appointment is a strong endorsement of the technical fundamentals of the project and the recently completed scoping study,” executive director Ryan de Franck said

The previous head of Australian operations for Galaxy Resources and technical lead for lithium salt processing said the project’s potential was obvious.

“I’m very excited to join the Board of FIN and assist with advancing and unlocking the significant potential value of the Sol Mar project,” technical director Brian Talbot said

“I was immediately attracted to FIN’s strategic geographic location and competitive advantage of the tenements near Onslow, and to leverage this prime location and tenure into clean chemical and energy products.”

FIN’s Australian Stock Exchange-listed price has risen 3.45 per cent, trading at 3c, today (12:17 pm UTC+8)

COMPANY OVERVIEW

Fin Resources Limited is an Australian based resources company listed on the Australian Securities Exchange (ASX:FIN), formerly known as Orca Energy Limited. Fin Resources has put together an experienced board of directors with a well balanced mix of technical, corporate and administrative capacity. Collectively, the board boasts a strong history of project acquisition, development and management and extensive experience in capital raising both in Australia and internationally.

COMPANY INFORMATION

ASX: FIN

Website

https://www.finresources.com.au/
https://www2.asx.com.au/markets/company/fin

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