Lithium Australia NL is party to a farm-in and JV agreement with Tin International AG with respect to the Sadisdorf project, as previously announced. That project is located in the Eastern Ore Mountains of Saxony, Germany. The initial focus the agreement was the dormant Sadisdorf tin mine, which is enveloped in a pervasive lithium alteration halo and has a maiden resource as outlined below. Application of Lithium Australia's SiLeach process to recover both lithium and a range of byproducts has the potential to breathe new life into the Sadisdorf operation, where drilling has already commenced to upgrade the resource. Now the Upper Mining Authority of Saxony has granted Tin International an additional exploration licence covering 15 km2 around the Hegelshohe hillside, just 5 km southeast of the Sadisdorf licence. It is intended that Hegelshohe - which is located in the same regional geological formation that hosts the lithium mica deposits of Sadisdorf, Zinnwald and Cinovech (Czech Republic) - be included in the joint exploration package. The Hegelshohe licence shares its northern border with the Falkenhain, currently being explored by Deutsche Lithium and partner Bacanora Minerals Ltd. On the basis of historic mining and exploration activities in the area, Tin International considers that the likelihood of discovering substantial tin-lithium mineralization in the area is high.