Evergreen Lithium (ASX:EG1) has decided to fast-track developing the Mt Monger Gold Project in Western Australia after a site review confirmed "significant" exploration potential with multiple high-quality, walk-up drill targets across the tenure, especially at the flagship Duchess of York Prospect, according to a Wednesday Australian bourse filing.
The company said that key approvals and logistics necessary to commence an inaugural drilling campaign are near completion.
The company's shares rose 17% in recent Wednesday trade.