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!!
- Forums
- ASX - By Stock
- LIN
- Ann: Maiden Mineral Resource Estimate 261MT at 2.19% TREO average
Ann: Maiden Mineral Resource Estimate 261MT at 2.19% TREO average, page-107
-
- There are more pages in this discussion • 86 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LIN (ASX) to my watchlist
(20min delay)
|
|||||
Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $121.0M |
Open | High | Low | Value | Volume |
11.0¢ | 11.0¢ | 10.3¢ | $73.51K | 700.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 813056 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 27499 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 682556 | 0.100 |
1 | 10000 | 0.099 |
2 | 297000 | 0.098 |
1 | 6000 | 0.097 |
3 | 301000 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 280000 | 6 |
0.115 | 347816 | 8 |
0.120 | 441378 | 7 |
0.125 | 241402 | 4 |
0.130 | 7082666 | 4 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
LIN (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online