LEL 4.00% 36.0¢ lithium energy limited

Ann: Extension of Massive Intersections of Brine at Solaroz, page-50

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  1. 2,688 Posts.
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    Drilling slowed down compared to previous pace. I guess pressure is huge and sand/gravel more compacted.
    So far

    Hole #4: 540m on Li-rich brine. It has another 120m to reach basement. At current pace (12m/d) 10 more days.

    Hole #5: 380m on Li-rich brine. It has another 160m to reach basement. At current pace (7m/d) 23 more days.

    I would leave the depth there. And move the rigs to new holes, if we want to have a JORC end of June. Or may be run 10 more days and then change to new holes.

    Consistent grades as we go further down so it is good news.

    I will post juicy JORC estimate tonight.


 
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