Petraton is pleased to announce that it has awarded two additional mineral exploration licenses in Oyo State by the Federal Republic of Nigeria.

Petraton has now has exploration rights to over 1000 sq. km within an area with active artisanal mining of gold, tantalum and industrial minerals. The 8 licences are located 150km away from the Port of Lagos, by road.

A systematic geological survey tagged "Project Ouriel" has commenced over the area in June 2021 to determine the prospective areas of lithium mineralization within these licenses.