Tuesday February 13, 2018

ASX Announcement: Crusader Announces Update on Lithium Projects

Crusader Resources (ASX:CAS) (�Crusader�  or the �Company�), a gold explorer and developer,  is pleased to provide an update on its 100% owned lithium interests in Brazil and potential opportunities in Portugal.

Crusader�s expertise in operating in Brazil and its highly experienced Portuguese speaking team had previously provided the Company with an opportunity to acquire a suite of highly prospective exploration assets, including lithium projects in Brazil and Portugal. Although the Company is, and will remain gold focussed, in the current market for lithium, it recognises an opportunity to look at options to farm-out or dispose of its lithium interests. This strategy will allow the Company to monetise or expose its shareholders to potential upside in relation to lithium assets and allow Crusader to focus all of its development and funding efforts on the Borborema Gold Project and the Juruena and Novo Astro exploration projects.

To read the full announcement, please click here