CHR General Discussion, page-317

  1. 3,844 Posts.
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    Nice work.

    Penfolds is a new small JORC resource over at Core and perhaps 400m from Charger's tenement. I'm sure @onlystock can put a more accurate distance measurement based on the easting and Northing references below.

    Penfolds is a strange JORC resource because its been defined with far less drilling than I've seen on any other lithium JORC resources. I can only surmise that the ambient seismic work created an estimated target and the drilling has hit this target and confirmed lithium mineralisation. I can't think of any other way that you could have even inferred confidence from the minimal drill results below.

    As nearology goes, this JORC resource is around the same distance from CHR as Ah Hoy. Its good for CHR as its more really nearby lithium mineralisation.

    https://hotcopper.com.au/data/attachments/5213/5213947-8f58100d0e511406a7564bf7e4060ef2.jpg

    https://hotcopper.com.au/data/attachments/5213/5213936-f22f5ed3a569001f1c908c9790212f20.jpg
    https://hotcopper.com.au/data/attachments/5213/5213941-16cb389f61e1b786c8295f16dffc8759.jpg
 
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