He says drill core is improving at depth. Hole 5 has a total of 16.5m of peg intersected at depth, hole 6 10.5m of total peg at depth, hole 7 about 25m total peg at depth. Hopefully some decent mineralisation in these holes.
But at the end of the day these first 4 holes were very disappointing…not something to be thrilled about, not something to smile about, certainly not the type of results that holders will be rushing to exercise their options over.
I am still holding, but not exactly by choice…
Looking at page 8, looks like they intersected a total of 15m peg in hole 1, 25m peg in hole 2, 14m peg in hole 3, 32m peg in hole 4. So decent widths for a bald hill like deposit, there is lithium there, but very low grade. Looking at figure 2 a very small area drilled. Hopefully there is good Li grade outside of this area, somewhere else in the Pegmatite area.
But next few rounds of results will need to be damn good to recover from today.
IMO
GLTAH
TOR Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
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