Ann: Significant Lithium Potential Identified at Upper Coondina, page-28

"Nearby lithium mines include Wodgina, Pilbara Minerals and recent lithium developer Global Lithium."

Would it hurt them to actually have someone take half an interest in the local geology? Wodgina is the only mine listed in those above, owned by MIN. The other two are companies. Pilgangoora and Archer are the deposits. It is so blatantly obvious that put less than 2 minutes of thought into these things. But as many are slowly starting to realise, all these exploration companies have no interest in the lithium prospectivity of their tenements, but rather the retail influx of cash that comes with mentioning the word lithium in a headline.

So they've found a whole lot of pegmatites and a lot of "detailed surface mapping" but it was so detailed in fact that they forgot to include any mention of actually discovering lithium mineralisation in their 45 pegmatites. No spodumene, no lepidolite, no relict textures, no mention of albite which would suggest at least some potential for an albite-spodumene pegmatite. All they are running off is a single result of 253ppm Li2O or 0.0253% Li2O, wowwee hold on your hats shareholders.

so a whole lot of zero "significant lithium potential" has yet to be realised.

And the "suggestive similarities" to Archers? Last time I checked, GL1 were finding spodumene pegmatites at surface and their team were readily able to identify said spodumene. Archer also doesn't have any tin-tantalum in it, and the tin-tantalum of the district is all alluvial anyway. So the only similarity we have is NE-SW strike. And this somehow warrants "significant lithium potential". Good golly, I can't wait for these drill holes in Q4.

And the clowns are still trying to report LiO2 values. A geochemical unstable compound. The lack of care is truly staggering.


But retail is loving it, and thats no surprise when most struggle to read past a headline here.