Am sure many of you noticed this slide in the latest corporate presentation. Am also quite sure many have missed this key point.
(maybe the company should hire some comms expert wrt presentation to externals).
Bald Hill Tenure = 769 sqkm
Southern Mineralised Area = 8.8 sqkm (which is only 1.1% of Bald Hill tenure)
Drilled-out To-Date = 1.8 sqkm (which is 20% of Southern Mineralised Area)
In other words, the current JORC 26.5Mt of resource is simply from 0.23% of the Bald Hill Tenure.
IMO, even if we spend the next 7 months drilling out the rest 80% of the Southern Mineralised Area, we could easily prove 80-100Mt of resource - and that would only still be 1.1% of the Bald Hill Tenure.
When MC says we will be drilling/producing Lithium from BH for decades, maybe he meant centuries?
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Ann: Resource Drilling Recommences at Bald Hill Mine, page-46
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