Premier1 Lithium Limited Premier1 Lithium Limited (ASX:PLC) engages in mineral exploration activities in Australia, focusing on lithium-bearing LCT pegmatite deposits, gold, nickel, copper and other base metals within Western Australia's greenstone belts; its principal projects include Abbotts North, Yalgoo, Mt Magnet North and Boodanoo, where it conducts drilling, geochemical sampling, drone magnetics and litho-structural analysis to identify and advance targets. The company, formerly known as SensOre Ltd, rebranded and shifted strategic emphasis to lithium exploration in February 2024 while retaining expertise in advanced data analytics, AI/ML and proprietary technologies such as DPT, Data Cube and Geomodeller for target generation and validation; it also provides ancillary exploration services, consulting, software sales and maintenance support. Incorporated in 2019 and headquartered at 22 Mount Street, Perth, Australia, Premier1 Lithium Limited operates solely in the materials sector targeting industrial metals mining, with recent developments encompassing an oversubscribed $2.17 million renounceable entitlement offer closed in November 2025 to fund exploration at Abbotts North and Yalgoo, commencement of maiden drilling campaigns yielding high-grade gold at Yalgoo and lithium pegmatite targets at Abbotts North, and a non-binding Letter of Intent signed in September 2025 with Mineral Mining Services Pty Ltd for joint development of the Wadgingarra Mineral Resource including funding for approvals, drilling and mine planning under a profit-sharing and drill-for-equity framework.