Top 20 (sept) out, page-39

V.nice work on the transport issue Kyiap & MB.

The thing I have been looking at is the recent update from the auger drilling.

BGS reopens at ~34c. Then a couple of days later, we get this announcement:



These are completely NEW areas. Sabali in particular is unprecedented (was not part of target 1 or 2) and open in three directions.

Current price is 39c. What??? 10milMC increase for discoveries that have essentially made us a potential GOLIATH???

Absolutely monster discovery that the market has seemed to ignore.

I mean look at the original resource area. It is currently a 33mt resource open north & south AND at depth. The original area should easily get to 50mt if we continued to develop that little box.

Then we have Yando. That thing is longer than the main/west & sangar zone combined. The average rock chip samples there are better than the ones found in the original zone and it actually has visible outcrop too. The report says that there is a possibility of several pegmatites in Yando alone...several, not one or two. The original area is only made up of 3 pegmatites. RC drilling has potential to uncover at least 100mt in Yando alone imo.

Danaya looks like Sangar's twin, possibly bigger in fact. Oh and Sangar is now about twice the expected length, in fact the report says that Sangar should be at least 1/2km extended.

To the right of the original zones are some smaller anomalies which may also prove up too. Icing on the cake, but it is there.

Then Sabali. This could be massive. We only just caught it on the edge of our target 2 drilling, but it is there. Might need to do a quick auger run to the west and south of this anomaly to see what it really looks like.

Key thing to remember imo is that the above image shows lithium finds from auger drilling. The average depth for each hole was 8m! That is how close to the ground these anomalies are. Even the original zone is only drilled to a depth of about 50m from RC (correct me if i'm wrong, going off cross sections in one of the reports) and all three areas are open AT DEPTH. Think about that.

So when people are going around saying 100mt, pardon me but I believe you are quite mistaken.

Main zone at 33mt already
+ broadly open at depth
+ open north & south for all three pegmatite bodies

+ Danaya zone (as big as Sangar)
+ Yando zone (bigger than the whole original resource area)
+ Sabali zone (open west/north/south)
+ Eastern anomalies (tenement gaps may actually possess some spod when I look at the end of that 5th auger line)
+ The rest of the tenement (yes, this is just what we have found so far, and it looks like the further southwest we go, we are finding more and more)

100mt is quite conservative when you take this into account. The main zone is likely at least 50mt alone, i'm thinking up to 70-80mt if we did some more diamond drilling to determine true depth (but why bother lol).

The rest of the zones could bring it up to 200-300mt+ but we will have to wait. The RC drilling is going to reveal some big deposits on the map over the next couple of months.

Please correct me if I have anything wrong in the above, i'll edit it.