PLP looking Prime, page-79

Another Australian, publicly listed miner announced this last week...( I am not cross promoting at all, just bringing information that could have meaning to PLP TO THE FORE) - this has particular meaning in regards to our exploration licence grant in Euriowie, Broken Hill.....extremely close proximity to our grounds.

I take particular interest in the first line (below, highlighted), L-Max perhaps ??? Then further below.....oh yes, they know about us ??!?!! Could we be of interest to them or vice versa ? Note the reference to nuisance, disruptive and largely regarded as waste ore-hosting sequences then ask yourself what L-Max does again ? It retrieves Li from waste OR previously thought of waste materials. (Have highlighted below)

This company, currently trading at 6.6c - is in their first foray into Li and they only have the one tenement.....traditionally, they have mined zinc, Cu ETC.

The grade at 4.45% Li2O as described below from our field results is an extremely high grade (for example GXY are taking an average 1.2% Li2O out of Canada).

In my opinion, traders that read this during last week have jumped into PLP and that is why we had a run (as we had no news announced by PLP) from 2.7c to 3.9c before finishing the week at 3.7c. You can make your own mind up based on info below as to why they may have come to us (note time and date of Ann below), our run started on 11/5;

START QUOTE;
Company Ann 11/5/2016 - released 9.21AM
"For some time the board of Silver City Minerals Limited has taken an interest in the developments in the lithium industry with regard to advances in technology, the rising demand and pricing of lithium carbonate and the potential sources for the metal. There is strong interest in pegmatite as a source rock for lithium. Currently over a third of the world’s lithium is produced from pegmatite; notably from the Greenbushes mine in Western Australia.

SCI has been exploring for base metal and silver deposits at Broken Hill since incorporation in 2008. It has a number of drill-ready zinc exploration projects.

Apart from some pegmatitic base metal ores at Broken Hill and gem quality beryl and feldspar occurrences, the pegmatite rocks have largely been regarded as a nuisance to exploration geologists. The pegmatites of interest are younger (1600 to 1580 million years old) than the ore-hosting sequences at Broken Hill and have intruded, disrupted and diluted base metal ore zones and are generally regarded in mining operations as waste. Lithium minerals described above have been documented in various NSW Geological Survey Bulletins since 1982 and have generally been considered a geological oddity and not evaluated as a potential source for lithium.

In recent presentations by the Geological Survey of NSW two types of pegmatite have been identified. They describe a lower sill complex which results from crustal melting of mineral- rich Willyama sediments and is emplaced in high grade metamorphic rocks. The second type is volumetrically less significant but has consistently moved from its original source, became more highly evolved, enriched in rare elements and intruded lower grade metamorphic rocks. It is this second, more prospective type which hosts lithium, tin, tantalum, niobium and boron minerals.

The occurrences of lithium minerals in association with tin and tantalum mineralisation are a feature of lithium deposits. The Euriowie and Waukeroo tin fields are considered to be fault- offset equivalents separated by a block of younger sediments (Figure 1). Euriowie in known to host amblygonite and recent sampling by Platypus Minerals (ASX 19 February 2016) indicated values up to 4.45% Li2O. The Waukeroo tin field located in in the SCI ELA 5280 is likely to contain similar minerals. To date pegmatite in the district has not been systematically sampled for lithium nor have studies been conducted to identify lithium-bearing minerals."
END QUOTE.

Most Ann's if interpreted correctly, can tell us a hell of a lot !