LPD 0.00% 0.2¢ lepidico ltd

Ann: Alvarroes Assays Confirm Lepidolite Extension, page-5

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  1. 4,896 Posts.
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    The ann. indicates it is a good result. But I am not a geologist , nor a miner, and it would be nice if someone could clarify for me why 3. 5 meter depth of the lithium bearing rock is so great. First they have to strip 16 meters of overburden (probably rock itself being in Canada in Ontario where there isn't that much soil above a certain latitude)...just to get 3.5 meters of 'sill' that has only 1% lithium.
    I am not wishing to be negative....but would like some clarification as to why I should be positive.

    I like the fact the company has new technology. Would love to see an Australian company succeed.

    thaanks
    rae915
 
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