General Discussion Topics, page-139933

Cmon Rupfel stop posting complete rubbish do you or Whiskies actually do any real research stating this type of garbage...you bith make stuff up and continue to mislead the forum s oi please refrain from doing so or at least get your facts correct please.

"James Brown found Moblan."


Perilya Limited Page 1 of 931 May 2011MOBLAN LITHIUM PROJECT – SIGNIFICANT INCREASE IN MINERAL RESOURCEPerilya Limited (ASX: PEM) is pleased to announce a new mineral resource estimate for the Moblan Lithium Project in Quebec, Canada, which has more than doubled the earlier mineral resource for the Project. The results of the 2010 drilling campaign, which included a 99 diamond drill-hole program totalling 13,456 metres were used to prepare the new mineral resource estimate for the Moblan Lithium Project. The new mineral resource estimate is summarised in the following table, which includes a comparison of the previous model released in December 2008. The mineral resource for the Moblan Project has increased contained lithium by approximately 250% to approximately 14.25 milliontonnes containing 1.41% Li2O using a cut-off grade of 0.60% (up from the previous resource estimate of 5.34 million tonnes at 1.51% Li2O using a cut-off grade of 0.43%). Table 1: Moblan Mineral Resource EstimateMoblan Lithium Project May 2011 Contained December 2008 ContainedMineral Resource as at May 2011 Tonnes Li2O Metal Tonnes Li2O Metal'000 % tonnes '000 % tonnesResource Measured 4,719 1.63 0 0.00Indicated 6,752 1.33 5,300 1.51Inferred 2,780 1.22 0 0.00Total 14,250 1.41 200,925 5,300 1.51 80,030Mineral Resource cut-off grade 0.60% Li2O 0.43% Li2ONotes for the 2011 Mineral Resource:1. 2004 JORC Code was followed for Mineral Resources.2. Mineral Resources are estimated using an average price of US$350 per tonne of spodumene concentrate and a US$/C$ exchange rate of 1:1.00.3. Totals may not represent the sum of the parts due to rounding.The previous (2008) mineral resource estimate reported all material within 0.43% Li2O grade envelopes. The current mineral resource estimate has used a 0.60% cut-off grade which provides greater confidence around the potential for economic development and is a global resource estimate. Whilst the joint venture partners have not ultimately determined a final mining method for the project nor a pit shell design, constraining the results within a conceptual open pit shell produces current Mineral Resource estimate of 10.5 million tonnes at an average grade of 1.53% Li2O using a cut-off grade of 0.60% Li2O.


So James Brown found Jack Sheet.