OzAurum Resources Ltd (ASX:OZM) has advanced its Boca Rica Lithium Project as well as niobium and rare earth element (REE) assets in Brazil, preparing to drill at Boca Rica within a few weeks while also seeking further lithium opportunities in the area.

OZM believes Boca Rica has the potential for a significant lithium discovery, as it hosts a lithium-caesium-tantalum (LCT) pegmatite swarm that extends over 1.7 kilometres.