Lithium Australia NL (ASX:LIT) has expanded its lithium holdings throughout Western Australia with the acquisition of additional acreage in the prospective Gasgoyne region. The three new prospects have been acquired by the 100 per cent takeover of private company Lithophile. The prospects are all located within a recognised area of high lithium potential in the Gasgoyne Complex located 750 kilometres north of Perth. Shares in Lithium Australia are trading up 2 per cent at $0.26.

Source: News Item : Staples surge: Aus shares 0.57% higher at noon