LIN 4.55% 10.5¢ lindian resources limited

Ann: Maiden Mineral Resource Estimate 261MT at 2.19% TREO average, page-107

  1. 12,595 Posts.
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    Agree mate

    They put a table to breakdown the zones of tonnage with grade

    130MT is averaging about 2.5%/2.6% TREO

    The other half is around 1.9% TREO (mixed breccia zone surrounding the carbonatite)

    We know grades are increasing at depth from the phase 1 drilling and it was proved from the first deep drill hole.

    We saw grades approaching ~3.7% TREO over a 200m+ section from 124m down and a significant section of 555m averaging over 2.5% TREO, from 351m down.

    The is no mixed breccia zone once they get into the main body of the deposit.

    This is one massive and significant high grade Rare Earth deposit.

    Its a shame people today, can't read nor understand how it works.

    Also as i mentioned earlier - the size of the deposit is not the only thing to look at. Its the Metallurgy.

    Metallurgy is the KEY to how successful and profitable a project will be.

    LIN ticks the box for having a great project in terms of metallurgy - great recoveries and concentrate grades. The big bonus is its non radioactive and only water/gravitation is required for the recovery process.

    NO chemicals. This means lower Capex and Opex costs!!
    Last edited by TopGun1: 03/08/23
 
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