CXO 6.67% 9.8¢ core lithium ltd

Ann: New Lithium Intersections at Lees-Booths Link Prospect, page-10

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  1. 3,577 Posts.
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    “support potential for a LOW-STRIP RATIO open mining pit operation.”


    ”further infill drillholes planned to enable MINERAL RESOURCE ESTIMATION at Booths-Lees.”


    ”Booths-Lees link...potential to MATERIALLY UP-SCALE the Funnis project resource inventory.”



    great Ann.


    looks like Lees-Booths could be our 4th deposit after Sandras? Carlton’s to be the 5th?


    Latest Lees results had good grade of 1.56% and 1.66% Li20. If we have that grade and enough peg over that 1km strike then this could be quite exciting! Looking forward to the assays. I think last time management commented on visuals was in July when we were drilling Grants. 3 weeks later the assays came back at a minimum of 1.57%, with grade up to 2.17%. The time before that was in feb when we announced the 86m intersection at BP33, it was later announced that assays returned a minimum of 1.68%, and maximum of 2.41% in the last metre of assay. So here’s hoping for a similar  outcome with the Lees-Booths assays.


    I spoke to management not too long ago...they confidently told me a 10MT resource at Finniss could be on the cards in the next 9-12 months.


    IMO


    GLTAH


 
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